BEL's PBT up 23.61% at $192.77M

By agencies   |   Tuesday, 04 April 2006, 13:51 IST
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MUMBAI: The state-owned Bharat Electronics Ltd (BEL) has recorded an increase of 23.61 percent in its profit before tax at $192.77 million for the year 2005-06 as compared to $155.90 million during the last financial year. The company's turnover grew 11 percent at $809.31 million as against of $730 million a year ago. BEL also achieved exports of $13.58 million this year as against $12.50 million in 2004-05. The company?s order book stood at around $1477.27 million as on April 01, 2006, as against $1386.36 million last year. BEL had rolled out more than 15 new products this year and the turnover accruing from indigenously developed products stands at 73 percent this year, it said.