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Bharat Electronics reports 29% fall in Q4 net profit

30 May 2018 Evaluate

Bharat Electronics has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a fall of 29.43% in its net profit at Rs 558.74 crore for the quarter ended March 31, 2018 as compared to Rs 791.74 crore for the same quarter in the previous year. Total income of the company decreased by 15.78% at Rs 3636.36 crore for the quarter under review as compared to Rs 4317.62 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a fall of 9.58% in its net profit at Rs 1399.29 crore as compared to Rs 1547.62 crore for the previous year. However total income of company increased by 10.30% at Rs 10600.99 crore for the year under review as compared to Rs 9611.45 crore for the year ended March 31, 2017.

Bharat Electronics Share Price

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