Bharat Electronics Ltd Q3 Results FY2023, PAT at Rs. 598.77 crores

On 27th January 2023, Bharat Electronics Ltd announced its results for the third quarter of FY2023.

Key Highlights:

- Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 11005.89 crores, registering a growth of 24.46% upto 3rd Quarter of FY 2022-23 over the Turnover of Rs. 8842.98 crores recorded in the corresponding period of the previous year
- During the 3rd Quarter of FY 2022-23, Profit Before Tax (PBT) has increased to Rs. 800.43 crores from Rs. 788.33 crores recorded in the corresponding period of the previous year.
- During the 3rd Quarter of FY 2022-23, Profit After Tax (PAT) has increased to Rs. 598.77 crores from Rs. 583.37 crores recorded in the corresponding period of the previous year.
- The company's order book position as of 1st January 2023 stood at Rs. 50116 crores.
- The Board of directors recommended an interim dividend of Rs. 0.60 per share (on the face value of Rs.1/- each) on the enhanced share capital of the company post Bonus Issue of equity shares in September 2022.