Conference Call with Bharat Electronics Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Defence company Bharat Electronics announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: During the Q4FY24, BEL achieved a Turnover of Rs 8,335.01 crore as against Rs 6,327.48 crore recorded in the corresponding period of the previous year. During the Q4FY24, Profit Before Tax (PBT) has increased to Rs 2,385.61 crore from Rs 1,781.49 crore recorded in the corresponding period of the previous year. During the Q4FY24, Profit After Tax (PAT) has increased to Rs 1,783.52 crore from Rs 1,365.36 crore recorded in the corresponding period of the previous year. FY24 Financial Highlights: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs 19,819.93 crore, registering a growth of 14.35% during FY24 over the Turnover of Rs 17,333.37 crore recorded during the previous year. Profit Before Tax (PBT) during FY24 stood at Rs 5,334.56 crore, with a growth of 33.87% over the Profit Before Tax (PBT) of Rs 3,984.88 crore recorded during the previous year. Profit After Tax (PAT) during FY24 stood at Rs 4,020.00 crore, with a growth of 33.70% over the Profit After Tax (PAT) of Rs 3,006.67 crore recorded during the previous year. The order book position of the company as on 1st April, 2024 stood at Rs 75,934 crore. The Board of Directors at its meeting held today recommended a Final Dividend of Rs 0.80 per Equity share (having a face value of Rs 1/- each) and the same is subject to the approval by the Shareholders in the ensuing Annual General Meeting of the Company. Result PDF