February 2025 \ Business & Investment \ BUSINESS NEWS
Rs 1,316 crore Q3 profit for BEL

Bengaluru: Government-owned Bharat Electronics Ltd (BEL) in late January reported a 47.3 per cent growth in its net profit for the third quarter ended December 2024 to Rs 1,316.06 crore, compared to Rs 893.30 crore in the same quarter of the previous year.

The Navratna defence public sector company’s consolidated revenue from operations in the third quarter shot up by 38.6 per cent to Rs 5,770.69 crore, from Rs 4,162.16 crore reported in the corresponding quarter of the previous financial year.

Profit before tax stood at Rs 1,754.15 crore in the third quarter of 2023-24, registering a growth of 49.64 per cent on a year-on-year basis.

 




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