Date:01/08/2007 URL: http://www.thehindubusinessline.com/2007/08/01/stories/2007080151100300.htm

Back BEL Q1 net down 56%

Our Bureau

Bangalore, July 31 Bharat Electronics Ltd has posted a Q1 net profit of Rs 26.30 crore for the current fiscal, against Rs 60.27 crore in the year-ago period, a decline of 56 per cent. Net sales were 14 per cent down at Rs 404.39 crore (Rs 473.22 crore).The board has recommended a final dividend of Rs 14 per share of Rs 10 for the year 2006-07 in addition to an interim dividend of 40 per cent paid in February this year.