Navratna Defence PSU, Bharat Electronics (BEL) has obtained the SCOPE (Standing Conference of Public Enterprises) Meritorious Award for R&D, technology development and innovation for the year 2010-11. The award was formally received by Anil Kumar, Chairman and Managing Director from the President, Pratibha Patil, in New Delhi on April 13.
BEL has recorded a turnover of Rs 5,710 crore (provisional) for the fiscal year 2011-12. The company has recorded profit before tax at Rs 975 crore. The company has achieved exports of $38.45 million. The turnover per employee during 2011-12 was Rs 52.9 lakh.
