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27-Oct-2024

Bharat Electronics

Sales up 15%, net up 38%


'Consolidated net sales (including other operating income) of Bharat Electronics for the quarter ended Sep 2024 has increased 14.86% to Rs 4604.9 crore.  Operating profit margin has jumped from 25.30% to 30.40%, leading to 38.04% rise in operating profit to Rs 1,399.95 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 47.39% to 48.67%.   Purchase of finished goods cost fell from 4.36% to 1.72%.   Employee cost decreased from 14.69% to 13.21%.   Other expenses fell from 8.66% to 8.20%.   

Other income rose 15.10% to Rs 157.76 crore.  PBIDT rose 35.31% to Rs 1557.71 crore.  Provision for interest fell 12.58% to Rs 1.32 crore.    PBDT rose 35.37% to Rs 1556.39 crore.  Provision for depreciation rose 2.71% to Rs 111.19 crore.   

Profit before tax grew 38.77% to Rs 1,445.20 crore.  Share of profit/loss was 0.89% lower at Rs 8...



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