Bangalore-based public sector defence ministry undertaking, Bharat Electronics Limited (BEL), has reported that its turnover crossed the Rs 5,000 crore mark for the first time during the fiscal ended March 31, 2010. The company has recorded a turnover of Rs 5,235 crore (provisional) for the fiscal, registering a growth of 13.2 per cent over the previous year.
The estimated profit before tax is Rs1,086 crore (provisional), as against last year’s figure of Rs 1,096.84 crore. BEL achieved exports of Rs 106 crore ($23.65 million), which is an increase of 33 per cent over last year’s Rs 79 crore ($17.77 million). The turnover per employee during 2009-10 has shown a considerable growth to Rs 45.3 lakh from last year’s Rs 38.6 lakh.
The order book as on April 1, 2010, is estimated to be around Rs 11,350 crore, a growth of 13.5 per cent over the previous year.
Some of the significant orders executed during the year include supply of high power HF communication sets, frequency hopping VHF transreceivers, UHF handheld radio, UHF radio relays, upgraded fire control systems, surveillance radar element, thermal imager based integrated observation equipment, 3D central acquisition radar (Rohini), shipborne & airborne electronic warfare systems, night vision binoculars, low flying detection radars (Indra II), L band surveillance radar (Mk III), ship-based 3D surveillance radar, doppler weather radar and upgraded EVMs.
The new products introduced and supplied during 2009-10 include Advanced Naval Gun Fire Control System for P28 class of ships, gap measuring device, perimeter security jammer, frequency hopping VHF transceivers for paramilitary forces data facility kit for VHF radios and VôUHF protocol analysers.
