BEL (Bharat Electronics Ltd.): A Comprehensive Overview
About BEL
Bharat Electronics Ltd. (BEL) is a leading Indian defense electronics company that develops, manufactures, and supplies a wide range of electronic products and systems for the Indian armed forces and other government entities.
BEL was established in 1954 and is headquartered in Bangalore, India. The company has nine manufacturing units and various other facilities spread across India.
Products and Services
BEL's product portfolio encompasses a diverse range of electronic systems and equipment, including:
- Radar systems
- Communication systems
- Electronic warfare systems
- Avionics systems
- Naval systems
- Other defense-related products
In addition to defense products, BEL also manufactures a range of civilian products, such as electronic voting machines, solar power systems, and medical electronics.
Financial Performance
BEL is a publicly listed company on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) of India.
According to its latest financial report, BEL reported a revenue of over ₹14,000 crores (approximately $1.9 billion) for the fiscal year 2023-24.
The company's net profit for the same period was over ₹2,500 crores (approximately $340 million).
Recent Developments
BEL has been actively involved in several recent defense projects, including the development of the Akash surface-to-air missile system and the Astra air-to-air missile.
The company has also signed a number of contracts with various government agencies, including the Indian Army, Navy, and Air Force, for the supply of various electronic systems.
BEL is committed to continuing its growth and expansion in the defense electronics sector, and is actively working on developing and producing new technologies and products.
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