''BEL does not foresee any fall in the demand for its products or services''

Company’s move to foray into the electro-explosive segment

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Dinesh Kumar Batra Director Finance, BEL

He was instrumental in the company’s move to foray into the electro-explosive segment. He has the ability to anticipate and address key financial issues, thereby creating wealth for the company. He has rich experience in all areas of finance, strong analytical skills, strategic thinking, and exemplary leadership skills. In an exclusive interview with Dalal Street Investment Journal, he sheds light on the key drivers for the defense major

How has the pandemic impacted BEL’s business?

The impact of the pandemic is behind us. The pandemic impacted our 1st quarter performance. We covered up in the second quarter. In fact, our half-year turnover was 2.16 per cent more than the previous year. BEL is in close touch with its supply chain partners and assisting them wherever possible to ensure that the production targets and customer delivery timelines are met. Defense being its major revenue segment, BEL does not foresee any fall in the demand for its products or services due to the pandemic. The Government of India is giving a major thrust to ‘Atmanirbhar Bharat Abhiyan’, which is likely to boost the company’s prospects as a leading indigenous solution provider in the defence sector. This, in turn, will have a favorable impact on the company’s performance in the coming years.

Can you throw some light on the key growth drivers for BEL going ahead?