Bharat Electronics Ltd.

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Large Cap | Defence
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Bharat Electronics reports 26% rise in Q2 consolidated net profit

Date: 30-10-2023

Bharat Electronics has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 32.94% rise in its net profit at Rs 812.34 crore for Q2FY24 as compared to Rs 611.05 crore for the same quarter in the previous year. Total income of the company increased by 3.56% at Rs 4,163.83 crore for Q2FY24 as compared Rs 4,020.84 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 26.48% rise in its net profit at Rs 789.71 crore for the quarter under review as compared to Rs  624.40 crore for the same quarter in the previous year. Total income of the company increased by 2.74% at Rs 4,146.12 crore for Q2FY24 as compared Rs 4,035.38 crore for the corresponding quarter previous year.