Bharat Electronics Ltd.

Bharat Electronics has reported results for third quarter ended December 31, 2012.

The company has reported 13.14% rise in its net profit at Rs 197.59 crore for the quarter ended December 31, 2012 as compared to Rs 174.64 crore for the same quarter in the previous year. Total income of the company has increased marginally by 0.35% at Rs 1594.73 crore for quarter under review as compared to Rs 1589.23 crore for the quarter ended December 31, 2011.

Bharat Electronics (BEL) was set up at Bangalore by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad.