Bharat Electronics Limited (BEL) Pays Rs. 139.23 Crores Dividend to Indian Government

[Hindustani78]

Oct 21, 2015 16:25 IST
BEL Pays Rs. 139.23 Crores Dividend to Government


Bengaluru, Karnataka, India
Navratna defence PSU Bharat Electronics Limited (BEL) has paid a total dividend of 292% for 2014-15.



Mr S K Sharma, Chairman and Managing Director, BEL, presented the 232% final dividend cheque of Rs.139,23,29,672 (Rupees one hundred and thirty nine crore twenty three lakh twenty nine thousand six hundred and seventy two only), for 2014-15 to the Defence Minister, Mr Manohar Parrikar, at New Delhi today (Wednesday, October 21, 2015). This is the dividend payable to the Government of India on the shares held by the President of India and Government nominees.



In February 2015, BEL had paid 60% Interim Dividend for the year 2014-15.

The Chairman and Managing Director, Bharat Electronics Limited, Shri S.K. Sharma presenting a final dividend cheque of over Rs. 139.23 crore for the year 2014-15, to the Union Minister for Defence, Shri Manohar Parrikar, in New Delhi on October 21, 2015.

 

[Hindustani78]

The CMD, Bharat Dynamics Limited (BDL), Shri V. Udaya Bhaskar presenting the final dividend cheque for 2014-2015 to the Union Minister for Defence, Shri Manohar Parrikar, in New Delhi on October 30, 2015. The Secretary (Defence Production), Shri A.K. Gupta and the Addl. Secretary (Defence Production), Smt Surina Rajan are also seen.

 

[Hindustani78]

The Union Minister for Defence, Shri Manohar Parrikar being presented the final dividend cheque of Rs.2,610,618,135/- for the year 2015-16 by the CMD of Bharat Electronics Limited, Shri M.V. Gowtama, in New Delhi on October 24, 2016. The Secretary (Defence Production), Shri A.K. Gupta is also seen.

 

[Water Car Engineer]

They need to actually work on their own products, like how HAL is doing with ALH, LUH, LCH, HTT-40, etc. At the moment, they rely on DRDO, and outside firms for product development, they're simply licence producing their designs. Small private firms like Tonbo Imaging, etc. are actually making their own designs.

Even BDL is doing the same as HAL and has 2 anti tank missiles in the works. BEL is more than capable of making the transition from simply getting the designs and producing, to doing all of it.

Of late they've faced with stiff competition from TATA, L&T, etc. Even losing major contracts. So, they'll probably be forced to anyway.

 

[jaiind]

They need to actually work on their own products, like how HAL is doing with ALH, LUH, LCH, HTT-40, etc. At the moment, they rely on DRDO, and outside firms for product development, they're simply licence producing their designs. Small private firms like Tonbo Imaging, etc. are actually making their own designs.

Even BDL is doing the same as HAL and has 2 anti tank missiles in the works. BEL is more than capable of making the transition from simply getting the designs and producing, to doing all of it.

Of late they've faced with stiff competition from TATA, L&T, etc. Even losing major contracts. So, they'll probably be forced to anyway.

BEL has been developing very complicated software application for army and Im being part of that whole team

 

[jaiind]

The CMD, Bharat Dynamics Limited (BDL), Shri V. Udaya Bhaskar presenting the final dividend cheque for 2014-2015 to the Union Minister for Defence, Shri Manohar Parrikar, in New Delhi on October 30, 2015. The Secretary (Defence Production), Shri A.K. Gupta and the Addl. Secretary (Defence Production), Smt Surina Rajan are also seen.

the pic at back ground

 

[Hindustani78]

The CMD, Bharat Dynamics Limited (BDL), Shri V. Udaya Bhaskar presenting the final dividend cheque for the year 2015-16 to the Union Minister for Defence, Shri Manohar Parrikar, in New Delhi on November 04, 2016. The Secretary (Defence Production), Shri A.K. Gupta is also seen.

 

[Hindustani78]

http://www.thehindu.com/news/nation...-shifted-lokesh/article9332311.ece?ref=tpnews

Telugu Desam Party national general secretary N. Lokesh on Thursday made it clear that there was no proposal to shift the Bharat Electronics Limited’s opto-electronic devices unit from Machilipatnam.

Addressing people and party members here, Mr. Lokesh said the BEL’s expansion unit would come up near Nimmakuru and the unit in Machilipatnam would not be shifted.

Mr. Lokesh, accompanied by Irrigation Minister D. Umamaheswara Rao and Excise Minister K. Ravindra, participated in the Jana Chaitanya Yatra in the town.

Member of Parliament K. Narayana and Krishna district party president B. Arjunudu were present.

Mr. Lokesh took out a bike rally and later led a padayatra from the three-pillar centre, covering the court area and the Koneru centre.

Mr. Lokesh also said the proposed deep sea port would come up in Machilipatnam.

“The port will come up in Machilipatnam. Acquisition of 30,000 acres of land is desperately needed for industrial development.

“Opposition leaders are against all projects across the State, including the international airport in Bhogapuram and Machilipatnam port,” said Mr. Lokesh.

 

[Hindustani78]

Ministry of Defence
27-October, 2018 14:15 IST
Bharat Electronics Limited (BEL) Registers 35% Growth in 2nd Quarter of FY 2018-19

Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.

The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during the 2nd quarter of FY 2018-19 stood at Rs. 571.31 crore, registering a growth of about 39 % over the Profit After Tax (PAT) of Rs. 412.39 crore recorded in the corresponding period of the previous year.

Performance for Six months’ period

BEL has achieved a turnover of Rs. 5360.24 crore, up to first half of the FY 2018-19, registering a growth of about 27 % over the turnover of Rs. 4204.56 crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) for the First half of FY 2018-19 stood at Rs. 751.04 crore, registering a growth of about 40% over the Profit After Tax (PAT) of Rs. 537.71 crore recorded in the corresponding period of the previous year.

The company received new orders worth Rs 14338 crore during the first half of the current year and the order book position of the company as on October 01, 2018 stood at Rs. 48995 crore.

Nampi/Rajib