Moneycontrol PRO
you are here: HomeNewsOpinion

BEL's stellar recovery reflects its unique position among defence PSUs

BEL’s revenue grew 9.6 in FY21 and the company is confident of delivering stronger growth in current fiscal

June 24, 2021 / 09:45 AM IST
BEL's stellar recovery reflects its unique position among defence PSUs

Defence public sector enterprises generally boast of large order books. But few can match Bharat Electronics (BEL) in execution and revenue generation. BEL's revenue increased by 9.6 percent last fiscal, a year ravaged by COVID-19. Revenue at Cochin Shipyard, another defence public sector undertaking (PSU) that has recently released its financial results, declined by 17.6 percent in FY21. Similar to Cochin Shipyard, BEL’s revenues were also hit in Q1 FY21. But thanks to a diversified product basket, BEL recovered quickly. A third large defence PSU Hindustan Aeronautics is scheduled to...

  • PRO Panorama

    Moneycontrol Pro Panorama | Evergrande’s debt cup of woes is spilling over

    Sep 21, 2021 / 04:36 PM IST

    In today’s Moneycontrol Pro Panorama: China’s property pain, metals in the line of fire, Paras Defence IPO, Recovery Tracker, GuruSpeak, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers