Bharat Electronics Ltd.

BSE: 500049 | NSE: BEL
Large Cap | Defence
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Bharat Electronics reports 12% rise in Q1 consolidated net profit

Date: 30-07-2019

Bharat Electronics has reported results for first quarter ended June 30, 2019.

The company has reported 13.91% rise in its net profit at Rs 204.73 crore for the quarter under review as compared to Rs 179.73 crore for the same quarter in the previous year.  Total income of the company increased by 0.76% at Rs 2126.96 crore for Q1FY20 as compared Rs 2110.94 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 11.77% in its net profit at Rs 210.65 crore for the quarter under review as compared to Rs 188.46 crore for the same quarter in the previous year. Total income of the company increased by 0.48% at Rs 2150.34 crore for Q1FY20 as compared Rs 2140.12 crore for the corresponding quarter previous year.