Bharat Electronics Limited (BEL): Thiruvananthapuram/Bengaluru, India (October 28, 2024): Bharat Electronics Limited (BEL), a leading Indian public sector undertaking, has announced a robust financial performance for the first half of the fiscal year 2024-25.
BEL’s Key Financial Highlights:
Revenue Growth: BEL recorded a 15.83% increase in revenue, reaching Rs 8,530.43 crore ($107.88 million) compared to Rs 7,364.82 crore ($92.06 million) in the same period last year.
Profit Before Tax (PBT): PBT surged by 40.05%, reaching Rs 2,488.22 crore ($31.10 million) from Rs 1,776.69 crore ($22.21 million) in the previous year.
Profit After Tax (PAT): PAT grew by 39.03%, reaching Rs 1,867.41 crore ($23.34 million) compared to Rs 1,343.18 crore ($16.79 million) in the same period last year.
READ: Rheinmetall Delivers 20 Additional Marder IFVs to Ukraine
India BEL’s Atulya Air Defence Firing Control Radar.
READ: Fincantieri Opens Innovation Antenna in San Francisco to Drive Dual-Use Technologies
BEL’s strong performance can be attributed to several factors, including increased demand for its products and services, successful execution of orders, and a focus on operational efficiency.
The company‘s robust order book, which stood at Rs 74,595 crore ($9.32 billion) as of October 1, 2024, provides a strong foundation for future growth.
BEL’s consistent financial performance and strong order book position highlight its strategic importance to India’s defense sector. The company remains committed to delivering innovative solutions and contributing to the nation’s security and self-reliance.
READ: GE Aerospace’s LM2500 Will Power India’s Next Generation Missile Vessels
