Bharat Electronics posts 13 percent sales growth
By IANSThursday, April 1, 2010
BANGALORE - Bharat Electronics Ltd. (BEL) posted a turnover of Rs.5,235 crore for fiscal 2009-10, registering a growth of 13.2 percent over the previous fiscal at Rs.4,624 crore, the state-run defence behemoth said Thursday.
According to the provisional estimates released here, profit before tax dipped marginally to Rs.1,086 crore from Rs.1,096 crore.
The company will disclose net profit for the last fiscal when accounts are audited.
“Exports increased to $23.65 million last fiscal from $17.77 million in 2008-09, posting a growth of 33 percent year-on-year,” the company said in a statement here.
The order book for the new fiscal (2010-11) is Rs.11,350 crore.
During the fiscal (FY 2010) under review, the company executed a number of orders to its customers in defence and civilian sectors.
Among the products supplied were communication sets, surveillance radar element, thermal imager based integrated observation equipment, 3D central acquisition radar (Rohini), ship-borne & airborne electronic warfare systems, night vision binoculars, low flying detection radars (Indra II), L band surveillance radar (Mk III), Doppler weather radar and upgraded electronic voting machines (EVMs).
New products introduced were advanced naval fun fire control system for P28 class of ships, perimeter security jammer, frequency hopping VHF transceivers for paramilitary forces and data facility kit for VHF radios.
