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Asia

BEL Q1 Results: Net profit rises 9% YoY to Rs 1,054 crore; revenue jumps 25%

Markets-Economic Times · 1h ago · 🇮🇳 India

BEL Q1 Results: Net profit rises 9% YoY to Rs 1,054 crore; revenue jumps 25%

Bharat Electronics reported a net profit of Rs 1,054.53 crore for the first quarter. This marks a nearly 9% year-on-year rise from the previous year's earnings. Revenue from operations grew around 25% year-on-year during the April-June quarter. Sequentially, however, the company's net profit dropped nearly 52% from the prior quarter. Revenue also declined 46% quarter-on-quarter for the period.

Read the full story at Markets-Economic Times →

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