BEL Q4 net up 44.66%

BS 200 SCORECARD

Bharat Electronics Ltd has reported fourth-quarter net profit of Rs 178.2 crore, up 44.66 per cent quarter on quarter.

Top line growth was 4.28 per cent to Rs 1161.49 crore. For the full year to March, BEL posted a net profit of Rs 429.2 crore, up 35.78 per cent, while revenues increased 15 per cent to Rs 3326.7 crore, BEL told the stock exchanges on Friday.

BEL has a 92.79 per cent owned subsidiary BEL Optronic Devices Limited, and two joint ventures "" GE BE Private Limited and BEL Multitone Limited "" in which it holds 26 per cent and 49 per cent, respectively.

Including the unaudited results for these firms, the group's net profit for the March quarter rose 32.92 per cent to Rs 438.94 crore. Revenues increased 14.85 per cent to Rs 3480.76 crore.