BEL reports lower turnover, net profit for Q1 '07

Bangalore, July 31 (UNI) Defence Electronics major Bharat Electronics today reported a lower turnover of Rs 470 crore for the first quarter of the current fiscal as against Rs 511.39 crore it earned during the same quarter in 2006-07.

According to a BEL release the net profit had declined to Rs 26.30 crore in Quarter one of 2007-08, from Rs 60.27 crore during the first quarter of previous fiscal.

UNI