BEL shares decline 2% despite Q4 profit growth
after close1 source ↓written by the desknot a recommendation
- to ₹413
- 2.3%
- increase in Q4
- 5% YoY
- net profit
- ₹2,226 cr
- Revenue rose
- 11% YoY
- ₹10,224 cr
Shares of Bharat Electronics fell 2.3% to ₹413 after reporting a 5% YoY increase in Q4 net profit to ₹2,226 cr. Revenue rose 11% YoY to ₹10,224 cr, driven by strong operational growth. Higher total expenses of ₹7,417 cr reflect increased production costs, impacting market sentiment.
Not investment advice. For informational purposes only.