Bharat Electronics Ltd has announced the Audited results for the year ended March 31, 2008.
The Company has posted a net profit of Rs 8267.40 million for the year ended March 31, 2008 as compared to Rs 7181.60 million for the year ended March 31, 2007. Total Income has increased from Rs 40902.70 million for the year ended March 31, 2007 to Rs 42991.30 million for the year ended March 31, 2008.
The Consolidated results are as follows: The Group has posted a net profit after minority interest of Rs 8375.70 million for the year ended March 31, 2008 as compared to Rs 7315.50 million for the year ended March 31, 2007. Total Income has increased from Rs 42463.30 million for the year ended March 31, 2007 to Rs 44515.40 million for the year ended March 31, 2008.
The Board of Directors of the Company at its meeting held on June 27, 2008, inter alia, has recommended a final dividend of 147% (i.e. Rs 14.70 per equity share of Rs 10/- each) in addition to the Interim Dividend of 60% paid in February, 2008.
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