29 Sep 2020 | 3:38 AM

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BEL pays Rs 231.69 crore final dividend to Govt for FY 2018-19
  Bharat Electronics Ltd. | 17 Jan 2020 | 10:51 AM
Published on 10-25-2019
Defence Public Sector Undertaking Bharat Electronics Limited (BEL) on Thursday paid a dividend amounting to Rs 236.19 crore to the Government of India for the financial year 2018-19.


"Bharat Electronics Limited (BEL) has paid a final dividend 170 per cent amounting to Rs 231.69 crore to the Government for the financial year 2018-19" read an official release.


Defence Minister Rajnath Singh received the dividend cheque from the Chairman and Managing Director of BEL MV Gowtama.


"With this BEL has now paid a total dividend of 340 per cent for the financial year 2018-19" read the official release.


"Congratulations to the BEL Management and their team for this impressive annual growth and performance. The BEL has a healthy order book of more than Rs 51700 crores. I wish the BEL an eventful and successful year ahead. @DefProdnIndia @cmdbel" tweeted Rajnath Singh.


The Navratna Public Sector Undertaking registered a turnover of Rs 11789 crore during the 2018-19 financial year recording a growth of 17 per cent over the previous year.