BEL DECLARES 50 %
DIVIDEND
Bharat Electronics
Limited (BEL) the Premier Defence Public Sector Undertaking and
pioneers of the Professional Electronics, has declared an all
time high dividend of 50 per cent for the fiscal year 2001-02.
This was approved by the Annual General Meeting of the company
held at Bangalore yesterday. The dividend paid during the fiscal
year 2000-01 was 40 per cent. BEL is one of the select Public
Sector Undertakings which has been declaring dividend consistently.
BEL, the first Defence
Mini Ratna, Public Sector Undertaking, reached its highest ever
turnover of Rs. 1942 crores in 2001-02, with an after tax profit
of Rs. 200 crores. The previous year’s turnover was Rs. 1715 crores
with profit of Rs. 155 cores.
