BEL Q3 results: Registers Rs. 11000 cr turnover; PAT increases by 36%

New Delhi: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 11005.89 cr, registering a growth of 24.46% upto 3rd Quarter of FY 2022-23 over the Turnover of Rs. 8842.98 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, BEL achieved a Turnover of Rs. 4046.11 cr as against Rs. 3656.22 cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) upto 3rd Quarter of FY 2022-23 stood at Rs. 2203.39 cr, with a growth of 35.07% over the Profit Before Tax (PBT) of Rs. 1631.24 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, Profit Before Tax (PBT) increased to Rs. 800.43 cr from Rs. 788.33 cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) upto 3rd Quarter of FY 2022-23 stood at Rs. 1641.31 cr, with a growth of 35.97% over the Profit After Tax (PAT) of Rs. 1207.12 cr recorded in the corresponding period of the previous year.

During the 3rd Quarter of FY 2022-23, Profit After Tax (PAT) has increased to Rs. 598.77 cr from Rs. 583.37 cr recorded in the corresponding period of the previous
year.

The Board of directors in their meeting held on 28th Jan. 2023 recommended an interim dividend of Rs. 0.60 per share (on face value of Rs.1/- each) on the enhanced share capital of the company post Bonus Issue of equity shares in sept2022. The said dividend will be payable to all the eligible shareholders holding shares as on the Record date i.e. 10th Feb. 2023.

The order book position of the company as on 1st January, 2023 stood at Rs. 50116 cr.

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