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VERIFIEDET Markets·positive
BEL Q1 Results: Net profit rises 9% YoY to Rs 1,054 crore; revenue jumps 25%
AI Summary
- ·Bharat Electronics reported a net profit of Rs 1,054.53 crore for the first quarter, a nearly 9% year-on-year rise.
- ·Revenue from operations grew around 25% year-on-year during the April-June quarter.
- ·Sequentially, net profit dropped nearly 52% and revenue declined 46% quarter-on-quarter.