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Bharat Electronics reports 16% rise in Q2 consolidated net profit

07 Nov 2020 Evaluate

Bharat Electronics has reported results for the second quarter ended September 30, 2020.

The company has reported rise of 16.95% in its net profit at Rs 397.05 crore for the quarter under review as compared to net profit at Rs 339.49 crore for the same quarter in the previous year. Total income of the company increased by 16.62% at Rs 3,216.08 crore for Q2FY21 as compared Rs 2,757.74 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 16.04% in its net profit attributable to owners at Rs 399.01 crore for the quarter under review as compared to net profit at Rs 343.85 crore for the same quarter in the previous year. Total income of the company increased by 16.77% at Rs 3,222.70 crore for Q2FY21 as compared Rs 2,759.85 crore for the corresponding quarter previous year.

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