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HomeNewsNational NewsBECIL registers Rs. 219 Crore operating income in 9th month of FY20
Thursday, 26 March 2020 07:16

BECIL registers Rs. 219 Crore operating income in 9th month of FY20

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The media group Broadcast Engineering Consultants India Limited (BECIL), which is engaged in providing project consultancy services and turnkey solutions consist of radio and television broadcast engineering and provide services like building design and construction related to broadcasting, human resource planning, and supply of specialised communication, monitoring, security and surveillance systems, has posted a total operating income of Rs. 219.87 crore for 9M FY20 (1st April to 31st December).

BECIL also undertakes supply of specialised communication, monitoring, security and surveillance systems to defense, police and para-military departments.

In last FY, BECIL registered a growth of 34% in total operating income which increased from Rs. 241.78 crore in FY18 to Rs. 324.87 crore for FY19 on account of significant growth in manpower placement services.

 BECIL reported a PAT of Rs. 0.05 crore in FY19 against a PAT loss in FY18, however, it still continued to be low on account of high-interest expenses which further increased to Rs. 7.67 crore in FY19 from Rs. 4.08 crore in FY18 due to increased working capital borrowings.

It was established in March 1995, and is a Central Public Sector Enterprise of Government of India under the Ministry of Information and Broadcasting.

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