Bharat Electronics Limited (BEL), a leading public sector defense enterprise, announced on Monday that it has secured new orders valued at Rs 561 crore, bringing its total order book for the fiscal year 2024-25 to Rs 10,362 crore. These orders encompass a wide range of defense and electronics equipment, including communication systems, electro-optics, satellite communication network upgrades, radar systems, fire control systems, and related spares and services.
Although BEL’s order intake has been steady, the company has achieved 41% of its target of Rs 25,000 crore for the current fiscal year, indicating a need for more order acquisitions in the last quarter to meet its annual goal. For the second quarter of FY25 (Q2FY25), BEL reported a consolidated net profit of Rs 1,450.9 crore, marking a year-on-year growth of 35.2%. However, total expenses for the quarter rose by 6.7% to Rs 3,299.4 crore. The company is expected to release its quarterly earnings by the end of January.
With a diverse portfolio of advanced products, BEL provides innovative solutions in the defense and electronics sectors, including radar warning receivers, communication systems, night vision devices, IFF interrogators, and electronic support measures (ESM) systems. On Monday, BEL’s shares closed at Rs 259.55 on the Bombay Stock Exchange (BSE), down 4.23%.
Bharat Electronics Limited (BEL) is a premier defense and electronics public sector undertaking in India, recognized for its extensive contributions to the defense sector and electronics technology. Established in 1954, BEL is renowned for designing, developing, and manufacturing a wide range of advanced electronics products, including radar systems, communication equipment, electronic warfare systems, and satellite communication solutions.
As a Navratna company, BEL plays a critical role in enhancing India’s defense capabilities and modernizing the armed forces with cutting-edge technology. The company also offers solutions in sectors such as aerospace, security, and transportation, continually focusing on innovation, research and development, and strategic collaborations. With its strong order book and significant contributions to defense and electronics sectors, BEL is a key player in India’s defense industrial ecosystem.
