BEL Q2 Results: Navratna Defence PSU registers 39% growth in Profit

Thiruvananthapuram/Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 8,530.43 Cr during the 1st half of FY 2024-25, registering a growth of 15.83% over the Turnover of Rs. 7,364.82 Cr recorded in the corresponding period of the previous year.

BEL Q2 FY 2024-25

During the 2nd Quarter of FY 2024-25, BEL achieved a Turnover of Rs. 4,425.29 Cr as against Rs. 3,918.13 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st half of FY 2024-25 stood at Rs. 2,488.22 Cr, with a growth of 40.05% over the PBT of Rs. 1,776.69 Cr recorded in the corresponding period of the previous year.

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During the 2nd Quarter of FY 2024-25, PBT stood at Rs. 1,450.88 Cr as against Rs. 1,072.94 Cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1st half of FY 2024-25 stood at Rs. 1,867.41 Cr, with a growth of 39.03% over the PAT of Rs. 1,343.18 Cr recorded in the corresponding period of the previous year.

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During the 2nd Quarter of FY 2024-25, PAT stood at Rs. 1,091.27 Cr as against Rs. 812.34 Cr recorded in the corresponding period of the previous year.

The order book position of the company as on 1st October, 2024, stood at Rs. 74,595 Cr.

Bharat Electronics Stock Update: 

The stock price of Bharat Electronics Limited (BEL), a leading Indian defence public sector company, has exhibited a subdued performance in recent months, experiencing a decline of 10% over the past three months. However, on a year-to-date basis, BEL's shares have demonstrated a robust appreciation of 47%, delivering substantial returns of over 107% in the past year and an impressive 305% in the preceding three years. As of 2:10 PM, BEL shares were trading at Rs 271.75 apiece on the BSE, registering a marginal increase of 0.13%."

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