State-run Bharat Electronics (BEL) today said its net profit rose nearly two-fold to Rs 223.87 crore for the third quarter ended December 31, over the same period last fiscal.
Total income rose to Rs 1,240.46 crore for the latest quarter against Rs 681 crore for the same period previous fiscal, BEL said in a filing to Bombay Stock Exchange (BSE).
For the nine-month period ended December 31, 2009, the company posted a net profit of Rs 533.92 crore against Rs 249.02 crore for the corresponding period last year.
Shares of BEL today closed at Rs 1,947.75 on BSE, down 0.58 per cent from its previous close.
