BEL registers a growth of 34% in PAT during FY 2023-24

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of  Rs.19819.93 Crore, registering a growth of 14.35% during FY 2023-24 over the  Turnover of Rs.17333.37 Crore recorded during the previous year. 

During the 4th Quarter of FY 2023-24, BEL achieved a Turnover of Rs.8335.01 Crore as against Rs.6327.48 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during FY 2023-24 stood at Rs.5334.56 Crore, with a growth of 33.87% over the Profit Before Tax (PBT) of Rs.3984.88 Crore recorded during the previous year.

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During the 4th Quarter of FY 2023-24, Profit Before Tax (PBT) has increased to  Rs.2385.61 Crore from Rs.1781.49 Crore recorded in the corresponding period of the previous year. 

Profit After Tax (PAT) during FY 2023-24 stood at Rs.4020.00 Crore, with a growth of 33.70% over the Profit After Tax (PAT) of Rs.3006.67 Crore recorded during the previous year. 

During the 4th Quarter of FY 2023-24, Profit After Tax (PAT) has increased to  Rs.1783.52 Crore from Rs.1365.36 Crore recorded in the corresponding period of the previous year. 

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The order book position of the company as on 1st April 2024 stood at Rs.75934 Crore. 

The Board of Directors at its meeting held today recommended a Final Dividend of  Rs.0.80 per Equity share (having a face value of Rs.1/- each) and the same is subject to the approval by the Shareholders in the ensuing Annual General Meeting of the Company. 

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