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Bharat Electronics Ltd Q2FY24; 27% rise in Profits

Incorporated in 1954, Bharat Electronics Ltd manufactures and supplies electronic equipment and systems to the defence sector. Company also has a limited presence in the civilian market

Financial Results:

Bharat Electronics Ltd reported Revenues for Q2FY24 of ₹4,009.00 Crores up from ₹3,962.00 Crore year on year, a rise of 1.19%.

Total Expenses for Q2FY24 of ₹3,105.00 Crores down from ₹3,204.00 Crores year on year, a fall of 3.09%.

Consolidated Net Profit of ₹790.00 Crores up 26.6% from ₹624.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.08, up 27.06% from ₹0.85 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.

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