Bharat Electronics said that it has bagged orders worth more than Rs 500 crore in the last month.
The major orders received include EMI shelters, AMC for integrated air command and control system nodes, upgrade / spares for gun systems, spares for radars, communication system etc.
With these orders, BEL has now accumulated orders totaling Rs 7,689 crore in the current financial year.
Navratna PSU BEL is a multi-product, multi-technology, multi-Unit conglomerate which designs, manufactures and supplies products and systems in a wide variety of fields including radars, missile systems, military communications, naval systems, electronic warfare & avionics, C4I systems, electro optics, tank electronics & gun/weapon system upgrades, and electronic fuses in the defence segment. As on 30 June 2024, the Government of India held 51.14% stake in the company.
The company reported 46.9% growth in consolidated net profit to Rs 791 crore in Q1 FY25 as against Rs 538.48 crore in Q1 FY24. Revenue from operations jumped 20.1% year on year (YoY) to Rs 4243.57 crore in the quarter ended 30 June 2024.
The scrip rose 0.22% to currently trade at Rs 267.95 on the BSE.
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