BEL Q1 FY07 net grows 6%

New Delhi, July 31 (UNI) Bharat Electronics today reported a 6 per cent increase in its net profit at Rs 60.27 crore for the first quarter ended June 30, 2006 as compared to Rs 56.59 crore for the corresponding quarter last fiscal.

The total income increased 2 per cent, from Rs 508.94 crore, for the Q1 FY06, to Rs 521.51 crore for Q1 FY07, a company statement said.

BEL posted a 3 per cent growth in its net profit of Rs 583.01 crore for the year ended March 31, 2006, as compared to Rs 446.32 crore for the year ended March 31, 2005.

UNI CS RA VV1721