Bharat Electronics Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017; Announces Interim Dividend for the Fiscal Year 2018
For the nine months, the company reported total revenue from operations of INR 67,921.5 million against INR 49,136.8 million a year ago. Profit before exceptional items and tax was INR 12,013.0 million against INR 10,169.3 million a year ago. Profit before tax was INR 12,013.0 million against INR 10,169.3 million a year ago. The higher revenue growth has partially offset the impact of pay revision. Profit was INR 8,405.5 million against INR 7,558.8 million a year ago. PAT has got impacted by the higher incidence of tax. Diluted earnings per share were INR 3.42 against INR 3.08 a year ago. Net turnover was INR 65,785.9 million against INR 44,609.4 million a year ago.
The company announced an interim dividend of INR 1.60 per share for the fiscal year 2018 has been declared by the board of directors at the meeting held on January 30, 2018.