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India’s BEL posts turnover growth

Thursday, April 2, 2020   (0 Comments)

By Jon Grevatt  |  April 1, 2020  |  Jane's


Indian company Bharat Electronics Limited (BEL) said on 1 April that its turnover in fiscal year (FY) 2019–20 climbed 6% year on year to INR125 billion (USD1.64 billion).

The company, based in Bangalore, said its orderbook for the year closed at INR518 billion, with INR130 billion acquired in the previous 12 months. The value of BEL’s exports in FY 2019–20 was USD48.59 million but the company did not disclose its profits. READ MORE...

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