BEL registers a growth of 34%

BEL registers a growth of 34%

Wed, 05/22/2024 - 14:04
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New Delhi, May 20

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of
Rs.19819.93 Crore, registering a growth of 14.35% during FY 2023-24 over the
Turnover of Rs.17333.37 Crore recorded during the previous year.
During the 4th Quarter of FY 2023-24, BEL achieved a Turnover of Rs.8335.01 Crore
as against Rs.6327.48 Crore recorded in the corresponding period of the previous
year.
Profit Before Tax (PBT) during FY 2023-24 stood at Rs.5334.56 Crore, with a growth
of 33.87% over the Profit Before Tax (PBT) of Rs.3984.88 Crore recorded during the
previous year.
During the 4th Quarter of FY 2023-24, Profit Before Tax (PBT) has increased to
Rs.2385.61 Crore from Rs.1781.49 Crore recorded in the corresponding period of the
previous year.
Profit After Tax (PAT) during FY 2023-24 stood at Rs.4020.00 Crore, with a growth
of 33.70% over the Profit After Tax (PAT) of Rs.3006.67 Crore recorded during the
previous year.
During the 4th Quarter of FY 2023-24, Profit After Tax (PAT) has increased to
Rs.1783.52 Crore from Rs.1365.36 Crore recorded in the corresponding period of the
previous year.
The order book position of the company as on 1st April, 2024 stood at Rs.75934
Crore.
The Board of Directors at its meeting held today recommended a Final Dividend of
Rs.0.80 per Equity share (having a face value of Rs.1/- each) and the same is
subject to the approval by the Shareholders in the ensuing Annual General Meeting
of the Company.