The estimated profit before tax is Rs 1,086 crore (provisional) for the fiscal year ended March 31, 2009, against Rs 1,096 crore in the same period last fiscal.
The order book is estimated to be around Rs 11,350 crore as on April 1, 2010.
Shares of Bharat Electronics today closed at Rs 2,193.85 on the BSE, up 0.16 per cent from previous close.
Its really a mystery how this company is announcing such astounding figures as turnovers. Most of the employees are either lazy and aged, or they are from reserved category, who are quite obsolete as far as new age electronics is concerned. Therefore, it is quite strange how a company which is solely dependent on ToT is making such turnovers. May be the income tax sleuths will open a can of worms just like the recent IPL expose.
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