Friday 24 January 2014

Bharat Electronics reports 3% fall in Q3 net profit

Bharat Electronics has reported results for third quarter ended December 31, 2013.

The company has registered a fall of 2.96% in its net profit at Rs 191.74 crore in Q3FY14 as compared to Rs 197.59 crore in the corresponding quarter previous year. The total income of the company has decreased by 18.29% to Rs 1303.02 crore for the quarter under review as compared to Rs 1594.73 crore in the same quarter last year.

Bharat Electronics’ Board of Directors, at its meeting held on January 24, 2014, has declared an interim dividend of Rs. 6 per share for the year 2013-14.

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