Bharat Electronics Ltd.
-7.75 (-1.85%) Bharat Electronics reports 41% rise in Q3 consolidated net profit
Date: 29-01-2024Bharat Electronics has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 49.19% rise in net profit at Rs 893.30 crore for the quarter ended December 31, 2023 as compared to Rs 598.77 crore for the same quarter in the previous year. Total income of the company increased by 4.09% at Rs 4,359.84 crore for Q3FY24 as compared Rs 4,188.48 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 40.65% rise in its net profit at Rs 848.12 crore for Q3FY24 as compared to Rs 603.01 crore for the same quarter in the previous year. Total income of the company increased by 2.80% at Rs 4,329.58 crore for Q3FY24 as compared Rs 4,211.76 crore for corresponding quarter of the previous year.