Bharat Electronics announces provisional results

Bharat Electronics Ltd (BEL) has announced that the Company has recorded a turnover of Rs 4114 crores (provisional) for the year 2007-2008 as against last year’s turnover of Rs 3952 crores.

The estimated Profit Before Tax is Rs 1109 crores, as against last year's figure of Rs 1052 crores. BEL achieved exports of US $15.4 million, which is an increase of 32 per cent over last year's figure of US $11.6 million. The turnover per employee for 2007-08 is Rs 33.26 lakhs as against last year's figure of Rs 31.99 lakhs while the value added per employee for 2007-08 is Rs 15.5 lakhs as against last year's figure of Rs 14.5 lakhs.

The order book as on April 01, 2008, is estimated to be around Rs 9,450 crores. Some of the significant orders executed during the year include supply of STARS V Frequency Hopping, a VHF manpack transreceiver; Advanced Land Navigation System for tanks; a command control system for the Artillery Wing of the Indian Army; Central Acquisition Radar for the Air Force; Passive Night Vision Device (both monocular and binocular); and Doppler Weather Radar for prediction of meteorological data.

More than 20 new products were introduced and supplied during the year. The new products
include GMD Mark II, a laser-based gap measuring device; Doppler Weather Radar;
Operations Cabin, a type of shelter used by the Army; Eye Safe Laser Range Finder; and
Optronic Pedestal, an opto electronic sensor and control system for the Navy

Bharat Electronics Q3FY08 Results

Bharat Electronics Ltd has announced the following Unaudited results for the quarter ended December 31, 2007:

The Company has posted a net profit of Rs 1129.70 million for the quarter ended December 31, 2007 as compared to Rs 1481.80 million for the quarter ended December 31, 2006. Total Income has decreased from Rs 9045.10 million for the quarter ended December 31, 2006 to Rs 7269.30 million for the quarter ended December 31, 2007.

Bharat Electronics Q2 Results

Bharat Electronics Ltd has announced the following Unaudited results for the quarter ended September 30, 2007:

The Company has posted a net profit of Rs 1228.40 million for the quarter ended September 30, 2007 as compared to Rs 1482.90 million for the quarter ended September 30, 2006. Total Income has decreased from Rs 8739.70 million for the quarter ended September 30, 2006 to Rs 7586.20 million for the quarter ended September 30, 2007.

Bharat Electronics

Bharat Electronics Ltd has informed that the shareholders at the 53rd Annual General Meeting (AGM) of the Company held on September 20, 2007, inter alia, have declared payment of 140% Final Dividend on the paid up equity capital of the Company (Dividend @ Rs 14/- per share). Further the Company has informed that, the Company has fixed October 17, 2007 as the due date of Final Dividend for the year 2006-07.