BEL Q4 results: Net profit rises 30% to Rs 1,797 crore, dividend declared

During the March quarter, BEL achieved a turnover of Rs 8,335.01 crore

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

State-owned Bharat Electronics Ltd (BEL) on May 20 reported a jump of 30 percent in its consolidated net profit at Rs 1,797 crore for the quarter ended 31 March, 2024. The company had reported a net profit of Rs 1,382 crore in the year-ago period.

Revenue from operations increased 32 percent to Rs 8,564 crore from Rs 6,479 crore in the same quarter last fiscal.

The board has recommended a final dividend of Rs 0.80 per share for the financial year 2023-24 subject to approval by the shareholders.

During the March quarter, BEL achieved a turnover of Rs 8,335.01 crore as against Rs 6,327.48 crore recorded in the corresponding period of the previous year.

For the full year,  the Navratna Defence PSU achieved a turnover of
Rs 19,819.93 crore, registering a growth of 14.35 percent during FY 2023-24 over the turnover of Rs 17,333.37 crore recorded during the previous year.

The order book position of the company as on 1st April, 2024 stood at Rs 75,934 crore, the company said.

Shares of BEL closed 8.11 percent higher at Rs 257.20 apiece on BSE on May 18 in special half-day trading session held.

Stock market is closed today on account of the fifth voting phase for the Lok Sabha Election 2024 in Mumbai, marking the second holiday of the month. The closure is in line with the seven-phase election, as all six seats in the city are set for polling.

In February, the defence ministry signed a Rs 2,269-crore deal with state-run Bharat Electronics Limited (BEL) for the procurement of 11 Shakti warfare systems, along with associated equipment.

The electronic warfare system will be installed on-board the frontline warships of the Indian Navy.

The Shakti systems are capable of accurately intercepting electronic emissions and implementing counter measures in a dense electromagnetic environment.