Bharat Electronics Ltd.

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Large Cap | Defence
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Bharat Electronics reports 75% jump in Q4 net profit

Date: 31-05-2013

Bharat Electronics has reported results for quarter and year ended March 31, 2013.

The company’s net profit has surged by 77.54% at Rs 592.70 crore for Q4FY13 as compared to Rs 333.84 crore in Q4FY12. Its total income from operation has increased by 20.93% to Rs 2778.11 crore in the quarter under review from Rs 2297.24 crore in the corresponding quarter of the previous year.

For the full year ended March 31, 2013, the company’s net profit jumped higher by 7.22% at Rs 889.83 crore as against Rs 829.90 crore in the FY12. Its total income from operation rose 5.83% at Rs 6103.82 crore from the quarter under review as compared to Rs 5767.34 crore in corresponding quarter of the previous year.

On consolidated basis, the full year ended March 31, 2013, the group’s net profit grew by 7.54% at Rs 911.19 crore as against Rs 847.33 crore in the FY12. Its total income from operation rose by 6.07% at Rs 6273.02 crore from the year as compared to Rs 5914.19 crore in previous fiscal.