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Bharat Electronics net up 19% in Q2

Monday - October 30, 2017 10:16 pm , Category : BUSINESS

Bengaluru Oct 30 (IANS) State-run Bharat Electronics Ltd (BEL) on Monday reported Rs 412 crore net profit for the second quarter of 2017-18 registering 19 per cent annual growth from Rs 346 crore in the same period year ago.



"Sales turnover for the quarter under review at Rs 2 432 crore is up 46 per cent annually from Rs 1 664 crore in the like period year ago " said the defence firm in a statement here.

Profit before tax grew 26 per cent annually to Rs 587 crore for Q2 from Rs 464 crore last year.

"The company s order book position is at Rs 41 746 crore as on October 1 after the first six months of the fiscal " added the statement.

--IANS
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