BEL2024-04-012024-06-30 BEL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member BEL2024-06-30 BEL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member BEL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member BEL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member BEL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BEL2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member BEL2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500049 BEL NOTLISTED Bharat Electronics Limited Equity 2024-04-01 2025-03-31 2024-07-29 2024-07-04 INR Lakhs First quarter 11:30:00 13:45:00 2024-07-29 2024-07-29 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Consolidated 42435700000.00 2035800000.00 44471500000.00 25565000000.00 668800000.00 -3082800000.00 6665700000.00 11800000.00 1076800000.00 3137000000.00 34042300000.00 10429200000.00 0.00 10429200000.00 2851700000.00 -232400000.00 2619300000.00 0.00 7809900000.00 0.00 0.00 0.00 102900000.00 7912800000.00 522600000.00 8435400000.00 8432600000.00 2800000.00 7309800000.00 1 1.08 1.08 0.00 0.00 1.08 1.08 1. The unaudited standalone and consolidated financial results are prepared in accordance with applicable accounting standards i.e. Ind AS, as prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 amended. 2. Ministry of Corporate Affairs (MCA) vide G.S.R. No. 463 (E) dated 5th June 2015 has exempted companies engaged in defence production from the requirement of Segment Reporting. 3. The unaudited quarterly results of subsidiary company viz., BEL Optronic Device Ltd. (100% shareholding), BEL Thales Systems Ltd (74% shareholding ) are included in consolidated financial results on a line to line basis as prescribed under Ind AS 110 – Consolidated Financial Statements. The associate company viz. GE BE Pvt Ltd., has been consolidated under equity method (26% Shareholding) as prescribed under Ind AS 28- Investments in Associates. 4. In view of the ongoing conflicts in Israel, the company has analysed the existing contracts / agreements with Companies based in Israel. In our opinion there is no material financial impact as at the date of the results. 5. The Board of Directors at their meeting held on 20th May 2024 had recommended a final dividend of 80% (Rs.0.80 per share of Rs.1/- each) for the year 2023-24 in addition to two interim Dividends amounting to 140% (Rs.1.40 per share of Rs.1/- each) which is subject to approval by the shareholders in the ensuing Annual General Meeting. 6. The figure of quarter ended 31st March 2024 are the balancing figures between the audited figures of the full financial year 31st March 2024 and the published figures up to 31st December 2023. 7. As required under regulation 33 of SEBI( Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the Statutory Auditors have conducted a limited review of the above financial results for the quarter and period ended 30th June 2024. 8. The above statement of financial results was reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29th July 2024. Other Expenses 3137000000.00 Expmted 0.00 0.00 0.00 Expmted 0.00 0.00 Ministry of Corporate Affairs (MCA) vide G.S.R. No. 463 (E) dated 5th June 2015 has exempted companies engaged in defence production from the requirement of Segment Reporting. 0.00 Expmted 0.00 0.00 Expmted 0.00 0.00 Remeasurement of the net defined benefit liability/asset 698300000.00 698300000.00 175700000.00 0.00