BEL achieves record turnover of Rs.23,000 Crore

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of around Rs.23000 Cr (Provisional & Unaudited), during the Financial Year 2024-25, against the previous year's turnover of Rs.19,820 Cr registering a growth of 16%. This includes Export sales of around US$ 106 Million during FY 2024-25, as against the previous year's export turnover of US$ 92.98 Million,registering a growth of 14%.

In the fiscal year 2024-25, BEL secured orders worth Rs.18715 Cr. Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar,Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in Non-defence sector. With this,the total Order book of BEL as on April 1st, 2025, stands at around Rs.71650 Cr including Export Order Book of USD 359 Million.

Shri Manoj Jain, Chairman & Managing Director, BEL, said: "BEL strives to attain self-reliance through enhanced Indigenisation efforts, Expansion and Modernisation, Outsourcing to Indian Industries including MSMEs & Start-ups. BEL has rolled out strategies to maximise its Global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the Strategic Electronics sector."

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 301.20 as compared to the previous close of Rs. 300.70. The total number of shares traded during the day was 1588854 in over 19439 trades.

The stock hit an intraday high of Rs. 306.50 and intraday low of 299.00. The net turnover during the day was Rs. 482125490.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence FY2025 Turnover