BEL registers growth of 23% in PAT for Q1 FY 2023-24

Profit Before Tax (PBT) during the 1st Quarter of FY 2023-24 stood at Rs. 703.75 Crore.

BEL registers growth of 23% in PAT for Q1 FY 2023-24

New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs.3446.69 Crore, registering a growth of 12.51% during the 1st Quarter of FY 2023-24 over the Turnover of Rs. 3063.58 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st Quarter of FY 2023-24 stood at Rs. 703.75 Crore, registering a growth of 21.73% over the Profit Before Tax (PBT) of Rs.578.10 Crore recorded in the corresponding period of the previous year.

Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY

Profit After Tax (PAT) during the 1st Quarter of FY 2023-24 stood at Rs. 530.84 Crore, registering a growth of 23.02% over the Profit After Tax (PAT) of Rs.431.49 Crore recorded in the corresponding period of the previous year.

The order book position of the company as on 1st July, 2023 stood at Rs. 65356 Crore.

Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits