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BEL Achieves Turnover Of $923.6 Million

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State-owned Bharat Electronics Limited (BEL) has recorded a turnover of $923.6 million for the year 2008-09 as against last year’s turnover of $820.5 million.

A press release issued by the company said BEL has posted a profit of $219 million as against last year’s figure of $234.2 million.

BEL achieved exports of US $17.75 million, which is an increase of 15 per cent over last year’s figure of US $15.43 million.

The order book as on April 1, 2009, is estimated to be around $2 billion.

Some of the significant orders executed during the year include supply of High Power HF Communication Sets, Frequency Hopping VHF Transreceivers, UHF Radio Relays, Artillery Combat Command Control Systems, Upgraded Fire Control Systems, Fourth Generation Composite Communication Systems for various ships and yards, Radar Warning Receivers, Surveillance Radar Elements, Thermal Imager based Integrated Observation Equipment, 3D Surveillance Radar Rohini, Shipborne & Airborne Electronic Warfare Systems, Laser Range Finders, Night Vision Binoculars, Satellite based Road & Rail Mobile Communication System and Upgraded EVMs.

More than 20 new products were introduced and supplied during the year. The new products include Upgraded Fire Control Systems, Light weight Helicopter borne ESM Systems, Light weight Vehicle based Direction Finding Systems, Shipborne Radar band ESM System, Radar Finger Printing System, Wide Area Network for BSF, Upgraded EVMs, Thermal Imager Sight for existing radars and Synchronous Transfer Mode Encryptors.

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