Today, Shri SN Mantha, CMD and Shri SVSubba Rao, Director (Finance) of Bharat Dynamics Limited (BDL) presented the final dividend of Rs 11.10 Crore to the Govt of India.
The BDL has achieved a record sales turnover of Rs. 1780 Crore and Profit Before Tax (PBT) of Rs. 509 Crore during 2013-14. Earlier during February 2014, an interim dividend of Rs 58 Crore was paid. The total dividend for the year 2013-14 is Rs. 69.1029 Crore.
Navratna Defence PSU Bharat Electronics Ltd (BEL) has also paid a total dividend of 233% to the Government of India for 2013-14. Mr S K Sharma, CMD, BEL, presented the 173% final dividend cheque of overRs. 103.82 crore to the Defence Minister Shri Arun Jaitley.