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BEL registers record turnover

Written by: Staff
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Bangalore, Apr 3 (UNI) Premier defence Public Sector unit, Bharat Electronics Limited (BEL) has recorded its highest ever turnover of Rs 3,561 crore for 2005-06, up 11 per cent, as against Rs 3,212 crore registered the previous year.

The estimated Profit Before Tax stood at Rs 848 crore as agains Rs 686 crore recorded last year, a BEL release here said today.

It had achieved exports of 13.58 million US Dollars as against 12.50 million Dollars the previous year. The turnover per employee was Rs 29 lakh, an increase of over 11 per cent, as against last year's Rs 26 lakh, the release said.

The order book stood at Rs 6,500 crore as on April one, 2006, as against Rs 6,100 crore last year.

This year more than 15 new products had been rolled out. The turnover accruing from indegenously developed products stood at 73 per cent as against 63 per cent last year.

Giving an overview of some of the important orders executed during the year, the release said a significant number of battle field surveillance radar (Short Range), an indigenously designed, portable, state-of-the-art ground-based Radar developed by LRDE, Flycatcher Radar, an all-weather anti-aircraft weapon control system and reporter Radar, a tactical control radar system, were supplied to the Indian Army.

Surveillance Radar Element and Low Flying Detection Radar, INDRA, had been supplied to the Indian Air Force. A large number of night vision devices and HF communication sets had also been supplied to the Armed Forces, the release added.

In the civilian sector, Satellite Commiunication Systems for distance education and solar products for rural electrification form the major supplies.

UNI RG TS1724

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