BEL Q4 result: On May 20, Indian Railway Finance Corporation (IRFC), Bharat Electronics, Oil and Natural Gas Corporation (ONGC), and Whirlpool India are a few of the leading firms that will be revealing their Q3 FY24 results or fourth quarter results.
Due to the fifth phase of the Lok Sabha elections in 2024, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed on Monday, May 20.
Q4 results on May 20
ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Triveni Engineering & Industries, Chemplast Sanmar, India Cements, KRBL, Nesco, Rolex Rings, VRL Logistics, Deepak Nitrite, Whirlpool of India, City Union Bank, Redtape, Power Mech Projects, etc. are among the companies scheduled to release their Q4 results today, May 20.
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BEL Q4 result
Bharat Electronics Ltd. (BEL), a Navratna Defense PSU, reported a nearly 30% increase in its consolidated net profit for the quarter that ended on March 31 of the fiscal year 2023-2024 (Q4FY24) on Monday. In Q4 of FY23, the state-owned enterprise declared a net profit of Rs 1,382.02 crore.
According to the regulatory filing, the company’s income from operations increased by 32% to Rs 8,564.08 crore in Q4FY24 from Rs 6,479.12 crore in the corresponding quarter of FY23.
The board of BEL has suggested a final dividend of Rs 0.80 per share for FY24. Shareholders must agree to this.
The company made money after taxes (PAT), which went up by 33.5% from FY23’s Rs 2,984.42 cr to FY24’s Rs 3,984.52 cr.
