BEL registers Rs 2,042 crore Q1 turnover

NEW DELHI: Navratna Defence PSU Bharat Electronics Ltd (BEL) has achieved a turnover of Rs 2041.98 crore during the 1st quarter of FY 2019-20 over the Turnover of Rs 2077.84 crore recorded in the corresponding period of the previous year.

The company's profit before tax (PBT) during 1st quarter of FY 2019-20 stood at Rs 290.39 crore, registering a growth of about 16% over the Profit Before Tax (PBT) of Rs. 250.21 cr recorded in the corresponding period of the previous year.

Bharat Electronics Ltd's profit after tax (PAT) during the 1st quarter of FY 2019-20 stood at Rs 204.73 crore, registering a growth of about 14% over the Profit After Tax (PAT) of Rs. 179.73 crore recorded in the corresponding period of the previous year.

The order book position of the company as on 1st July, 2019 stood at Rs 51715 crore.