Bengaluru– State-run Bharat Electronics Ltd (BEL) on Monday reported Rs 412 crore net profit for the second quarter of 2017-18, registering 19 per cent annual growth from Rs 346 crore in the same period year ago.

“Sales turnover for the quarter under review at Rs 2,432 crore is up 46 per cent annually from Rs 1,664 crore in the like period year ago,” said the defence firm in a statement here.

Profit before tax grew 26 per cent annually to Rs 587 crore for Q2 from Rs 464 crore last year.

“The company’s order book position is at Rs 41,746 crore as on October 1 after the first six months of the fiscal,” added the statement. (IANS)