Navratna Defense Company Bharat Electronics Limited (BEL) has performed a bang in the third quarter of FY 2024-25. From profits to turnover, the company has seen tremendous growth everywhere. BEL has earned a net profit of Rs 1,316.06 crore in the third quarter, which is 47.33% more than Rs 893.30 crore for the same period last year. In the third quarter of FY 2024-25, the tax of India Electronics Limited (BEL) was Rs 1,754.15 crore, which is 49.64% more than Rs 1,172.26 crore recorded in the same period last year.
37% growth in turnover
BEL turnover reached Rs 5,643.25 crore in this quarter, which is 36.97% more than the previous year’s Rs 4,120.10 crore.
The results of nine months are also fantastic
BEL turned a turnover of Rs 14,173.68 crore in the first nine months of this year, which is much higher than the previous year’s Rs 11,484.92 crore. The company’s pre -tax profit (PBT) has reached Rs 4,242.37 crore, which is far ahead of the previous year’s Rs 2,948.95 crore.
Pure profit (PAT) has also increased from Rs 2,236.48 crore to Rs 3,183.47 crore.
Order book of Rs 71,100 crore
BEL has a total order of Rs 71,100 crore by 1 January 2025, which will help in further speeding the company’s growth. Today, the company’s stock was trading at Rs 278.90 with a gain of 4.38% on BSE till the trading shutdown.
Navratna PSU Bharat Electronics Limited (BEL) is a company that makes and supply many types of products and technology. It makes equipment such as radar, missile system, army communication equipment, navy systems, electronic war equipment, avionics, C4i system, tank electronics, weapons and electronic fuses in the defense sector. As of 30 September 2024, the Government of India had a 51.14% stake in the company.