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Apr 25, 2012, 04.30 PM IST
State-owned Bharat Electronics has reported a net profit of Rs 334 crore in the fourth quarter of FY12, degrowth of 25.45% as compared to Rs 448 crore in a year ago period.
Net sales declined 3.25% to Rs 2,232 crore from Rs 2,307 crore year-on-year. The company has decided to pay Rs 10 a share as an interim dividend. Board of directors of the company in a meeting held on April 25, 2012, has deferred the proposal to consider buyback of shares.
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