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30-Jul-2024

Bharat Electronics

Net up 47% on good operating performance


'Consolidated net sales (including other operating income) of Bharat Electronics for the quarter ended Jun 2024 has increased 20.11% to Rs 4243.57 crore.  Operating profit margin has jumped from 19.04% to 22.34%, leading to 40.99% rise in operating profit to Rs 948.20 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 52.70% to 56.16%.   Purchase of finished goods cost fell from 2.80% to 1.47%.   Employee cost decreased from 18.13% to 14.64%.   Other expenses fell from 6.97% to 6.89%.   

Other income rose 45.18% to Rs 203.58 crore.  PBIDT rose 41.72% to Rs 1151.78 crore.  Provision for interest rose 10.28% to Rs 1.18 crore.  

PBDT rose 41.76% to Rs 1150.6 crore.  Provision for depreciation fell 1.16% to Rs 107.68 crore.  

Profit before tax grew 48.41% to Rs 1,042.92 crore.  Share of profit/loss was 2.90% higher at R...



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