BEL — Bharat Electronics Income Statement

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Annual income statement for Bharat Electronics, fiscal year end - March 31st, INR millions except per share, conversion factor applied.

	2021 March 31st	2022 March 31st	2023 March 31st	2024 March 31st	2025 March 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	PRESS
Standards:	IAS	IAS	IAS	IAS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	141,087	153,682	177,344	202,682	237,688
Cost of Revenue
Gross Profit	60,698	64,144	78,496	96,314	115,815
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	112,840	124,270	140,754	156,635	174,024
Operating Profit	28,247	29,412	36,590	46,047	63,663
Total Net Non Operating Interest Income / Expense
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	29,418	31,662	39,229	52,662	70,990
Provision for Income Taxes
Net Income After Taxes	20,693	23,545	29,404	39,431	52,872
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	20,989	23,989	29,844	39,845	53,214
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	20,989	23,989	29,844	39,845	53,214
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.87	3.28	4.11	5.54	7.28
Dividends per Share