Profit before tax stood at Rs 1,754.15 crore in the third quarter of FY24, registering a growth of 49.64% on YoY basis.
Total expenses grew 31.98% YoY to Rs 4,207.05 crore in the December 2024 quarter. Cost of materials consumed stood at Rs 3,191.02 crore (up 46.07%) while employee benefits expenses were at Rs 665.32 crore (up 7.38% YoY) during the period under review.
During Q3 FY24-25, BEL achieved a turnover of Rs 5,643.25 crore as against Rs 4,120.10 crore recorded in the corresponding period of the previous year.
The order book position of the company as of 1 January 2025 stood at Rs 71,100 crore.
Navratna PSU BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies products and systems in a wide variety of fields including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuzes in the defence segment. As of September 31, 2024, the Government of India held a 51.14% stake in the company.
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