
1 month, 3 weeks ago
Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore, revenue jumps 37%
Live MintNavratna Defence PSU Bharat Electronics released its December quarter performance on January 30, posting healthy growth in revenue top and net profit, surpassing street estimates. In terms of operating profit, the company reported an EBITDA of ₹1,653 crore, marking a 57.5% improvement compared to ₹1,072 crore reported in the same quarter last year. Its profit before tax for the third quarter was ₹1,754.15 crore, reflecting a growth of 49.64% over the PBT of ₹1,172.26 crore recorded in the corresponding period of the previous year. In the same quarter of the previous fiscal year, the company posted a net profit of ₹893.30 crore, according to the company's earnings filing.
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