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BEL Registers 35% Growth in 2nd Quarter of FY 2018-19

in Business October 27, 2018 Comments Off on BEL Registers 35% Growth in 2nd Quarter of FY 2018-19 704 Views

newdelhi;27/10/18:Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of        FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.

The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 2nd quarter of FY 2018-19 stood at Rs. 571.31 crore, registering a growth of about 39 % over the Profit After Tax (PAT) of Rs. 412.39 crore recorded in the corresponding period of the previous year.

Performance for Six months’ period

BEL has achieved a turnover of Rs. 5360.24 crore, up to first half of the FY 2018-19, registering a growth of about 27 % over the turnover of Rs. 4204.56 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) for the First half of FY 2018-19 stood at Rs. 751.04 crore, registering a growth of about 40% over the Profit After Tax (PAT) of Rs. 537.71 crore recorded in the corresponding period of the previous year.

The company received new orders worth Rs 14338 crore during the first half of the current year and the order book position of the company as on October 01, 2018 stood at Rs. 48995 crore.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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