BEL registers a turnover of Rs. 1640 cr in 1St Quarter

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs. 1639.63 cr, during the 1st quarter of FY 2020-21 against a Turnover of Rs. 2041.98 cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during the 1st quarter of FY 2020-21 stood at Rs. 76.24 cr against the Profit Before Tax (PBT) of Rs.290.39 cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 1st quarter of FY 2020-21 stood at Rs. 54.13 cr against the Profit After Tax (PAT) of Rs.204.73cr recorded in the corresponding period of the previous year.

During the 1st Quarter, the Turnover/Profit have been affected due to the impact of Lockdown attributable to Covid 19 related developments. The order book position of the company as on 1st July, 2020 stood at Rs. 53752 cr.

Shares of BHARAT ELECTRONICS LTD. was last trading in BSE at Rs.99.3 as compared to the previous close of Rs. 102.2. The total number of shares traded during the day was 781280 in over 6092 trades.

The stock hit an intraday high of Rs. 103 and intraday low of 98.3. The net turnover during the day was Rs. 78319702.

Source : Equity Bulls

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