Bharat Electronics Q1 profit and revenue rise; board seeks capital increase
Bharat Electronics reported Q1 net profit of ₹1,054 crore and revenue of ₹5,533 crore, with a ₹72,258 crore order book. The board moved to raise authorised capital as defence procurement gains positions the company to benefit, despite a stock dip.
Bharat Electronics Limited (NSE:BEL) reported Q1 net profit of ₹1,054 crore and revenue of ₹5,533 crore, with an order book of ₹72,258 crore. The company said the board has moved to raise authorised capital. Defence procurement gains position BEL to benefit, despite a stock dip and no material Israel impact.