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Bharat Electronics Ltd Q1FY24; 47% rise in Profits.

BEL was established in 1954 in association with CSF, France (now, Thales), to meet the specialized electronic equipment requirements of the Indian Defence Services.
BEL is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India.

Financial Results:

Bharat Electronics Ltd reported Revenues for Q1FY24 of ₹3,533.00 Crores up from ₹3,141.00 Crore year on year, a rise of 12.48%.

Total Expenses for Q1FY24 of ₹2,970.00 Crores up from ₹2,718.00 Crores year on year, a rise of 9.27%.

Consolidated Net Profit of ₹539.00 Crores up 47.27% from ₹366.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.74, up 48.00% from ₹0.50 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: electronics
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