The profit of the company that makes the Akashteer air defense system, which shot down Pakistan’s drone-missile in the air, has increased. Bharat Electronics Limited (BEL) has made a net profit (consolidated net profit) of Rs 2,127 crore in the fourth quarter of the financial year 2024-25. The company’s profit has increased by 18% on an annual basis. In the same quarter of the previous financial year, the company’s profit was Rs 1,797 crore. BEL’s revenue increased by 7% in January-March The company’s revenue from operations stood at Rs 9,150 crore in the January-March quarter. In the same quarter of the financial year 2023-24, the company had generated a revenue of Rs 8,564 crore. It has increased by 7% on an annual basis. The amount received from selling goods and services is called revenue. BEL’s total earnings were ?9,344 crores In the fourth quarter, the total income of Bharat Electronics Limited grew 6.30% year-on-year to Rs 9,344 crore. In Q4FY24, the company had earned Rs 8,790 crore. What is there for the common man in the results? At the same time, the company has announced a dividend of 90 paise on every share for the financial year 2024-25. Companies give a part of their profits to their shareholders, this is called dividend. Are the company’s results better than expected? In the fourth quarter of the financial year 2024-25, the profit of Bharat Electronics has been more than the expectations of market analysts, that is, the company has done better this time. What is the market forecast before Q4FY25 results? How is the company’s stock performing? Ahead of the Q4FY25 results, Bharat Electronics’ stock closed 0.25% down at Rs 363 on Monday. It rose by around 3% in early trade and the stock reached a 52-week high of ? 373.50. BEL share has given a return of 10.18% in the last 5 days, 21.02% in one month, 30.11% in six months, 32.41% in one year and 23.51% since January 1 this year. The market cap of BEL is Rs 2.66 lakh crore. BEL manufactures for 20 other sectors including defense. Bharat Electronics Limited (BEL) is a Navaratna company under the Ministry of Defense. It manufactures latest and modern state of the art electronic products and systems for the Army, Navy and Air Force. Currently more than 8,832 employees work in the company. Along with defence development and manufacturing, BEL manufactures products for various sectors including satellite integration, space electronics, EV charging stations, network and cyber security, airport, railway and metro solutions, electronic voting machines, telecom products, night vision devices, medical electronics. Read this news too… Akashteer Defence System becomes the hero of Indo-Pak conflict: It is being called Swadeshi Iron Dome, capable of shooting down missiles and drones in a few seconds. Prime Minister Modi was at Adampur Airbase in Punjab on May 13. Here he said, “After Operation Sindoor, Pakistan targeted our military bases and civilians with drones, UAVs, military aircraft and missiles, but all of them failed in front of our air defence system.” The air defence system that Modi was praising is none other than India’s own Akashteer Command and Control System. With its help, hundreds of drones, missiles and rockets coming from Pakistan were shot down in the air. This defence system was also discussed in the press briefing. Click here to read the full news…
