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BEL registers 16.90 pc growth with Rs 11,789.22 cr turnover
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BEL registers 16.90 pc growth with Rs 11,789.22 cr turnover

Agency News

Bengaluru, May 30: Navratna Defence PSU Bharat Electronics Limited (BEL) has registered a 16.90 per cent growth in 2018-19 with turnover of Rs 11,789.22 cr against Rs 10,084.84 cr turnover achieved in the previous year.

The profit after tax (PAT) stood at Rs 668.62 cr as against Rs 558.74 cr earned for the corresponding quarter of the previous year.

The company has paid an interim dividend of Rs 1.70 per share for the F.Y. 2018-19 and the Board has recommended further amount of Rs 1.70 per share as final dividend for the year 2018-19 at the meeting held on May 29, 2019, subject to approval in the AGM, according to a statement here.

The total dividend payout for F.Y. 2018-19 works out to Rs. 3.40 per share, as against Rs. 2.00 per share in the previous year. The dividend payout is 42.98 per cent on PAT as against 35.06 per cent for the previous year. (UNI)