Bharat Electronics Ltd (BEL) on Thursday (March 6) said it has secured additional orders worth ₹577 crore since its last disclosure on February 20, 2025.
“Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured additional orders worth ₹577 Crore since the last disclosure on 20 February 2025,” the company said in a stock exchange filing.
The fresh orders include airborne electronic warfare products, an advanced composite communication system for submarines, Doppler weather radar, train communication systems, radar upgrades, spares, and services.
With these latest deals, BEL’s total order inflow for the current financial year (FY25) has reached ₹13,724 crore, the company said.Also Read: Dividend Stock: Navratna PSU announces its highest payout in three years; details here
BEL Q3 topped estimates
Bharat Electronics’ net profit for the third quarter increased by 47.3% from last year to ₹1,316 crore. A CNBC-TV18 poll had pegged the figure at ₹980 crore. Revenue for the quarter stood at ₹5,756 crore, which is a growth of 39% from the year-ago quarter and was also higher compared to the CNBC-TV18 poll of ₹4,955 crore.
Bharat Electronics’ earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 57.5% year-on-year to ₹1,653 crore and comfortably surpassed the CNBC-TV18 poll of ₹1,195 crore, while EBITDA margin expanded by 330 basis points from last year to 28.7% from 25.4%. The margins were also higher than the CNBC-TV18 poll estimate of 24.1%.
Shares of Bharat Electronics Ltd ended at ₹272.80, down by ₹2, or 0.73%, on the BSE.
By auto_blogs