Tuesday, Apr 30, 2002
Front Page |
Southern States |
Other States |
Advts: Classifieds | Employment | Obituary |
By Our Staff Reporter
BANGALORE APRIL 29. Bharat Electronics (BEL) recorded a 13 per cent increase in turnover at Rs.1,939 crores for the year ended March 31, 2002. BEL's profit before tax was Rs. 283 crores, a 28.6 per cent rise over the previous year's Rs. 220 crores. All the nine units of the company have shown profits. However due to low offtake of semiconductor devices by European customers and shifting of some customers' priorities, the export target fell short by 25 per cent.
The value of order book as on April 1, 2002 is Rs. 4,100 crores which includes letters of intent from customers with financial commitment. This is the highest ever order level achieved by BEL.
Send this article to Friends by E-Mail
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of