19.1% Turnover Growth and 47.4% Surge in PBT
Navratna Defence PSU Bharat Electronics Limited (BEL) has reported a significant turnover of Rs. 4,105.14 Cr for the first quarter of FY 2024-25, marking an impressive growth of 19.10% compared to the turnover of Rs. 3,446.69 Cr recorded in the corresponding period of the previous year, statement from BEL said here today.
During the same period, Profit Before Tax (PBT) surged to Rs. 1,037.34 Cr, representing a robust growth of 47.40% over the PBT of Rs. 703.75 Cr from the previous year.
Profit After Tax (PAT) for Q1 of FY 2024-25 also showed substantial growth, reaching Rs. 776.14 Cr, a 46.21% increase from the PAT of Rs. 530.84 Cr in the corresponding period of the prior year.
As of 1st July 2024, the company’s order book position stands strong at Rs. 76,705 Cr, reflecting its solid performance and continued business momentum.