Friday, 5 June 2020

BEL Net Up 41.6 Per Cent

Updated: February 14, 2015 5:45 am

Public sector defence undertaking Bharat Electronics Limited today announced 41.6 per cednt rise in standalone net profit at Rs 272 crore for the third quarter-ended December 2014 compared to Rs 192 crore in the corresponding quarter last year. Its total income from operations has gone up 33.9 per cent to Rs 1,608 crore compared to Rs 1,201 crore in the year ago quarter. The company has obtained SEBI exemption regarding segment reporting and the quarterly results of subsidiary companies such as BEL Optronic Devices Ltd and BEL-Thales Systems Ltd and joint venture companies such as GE BE Pvt Ltd and BEL Multitone Pvt Ltd are not included, the company said in a filing to BSE.

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