BEL registers 46% growth in 2nd quarter

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Net Turnover of Rs. 2431.73 Cr, during the 2nd quarter of FY 2017-18, registering a growth of about 46%, over the Net Turnover of Rs. 1664.38 Cr recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 2nd quarter of FY 2017-18 stood at Rs. 587.03 Cr, registering a growth of about 26% over the Profit Before Tax (PBT) of Rs. 464.07 Cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 2nd quarter of FY 2017-18 stood at Rs. 412.39 Cr, registering a growth of about 19% over the Profit After Tax (PAT) of Rs. 346.25 Cr recorded in the corresponding period of the previous year. M V Gowtama is the Chairman and Managing Director of the company.