7 days ago
- Business
- Business Standard
BEL bags ₹537 crore in fresh defence orders for ship systems and upgrades
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth ₹537 crore since the last set of orders announced on 16 May 2025.
The new orders comprise communication equipment, an advanced composite communication system for ships, jammers, software, simulator upgrades, spares, test rigs, and related services.
Earlier orders in May totalled ₹572 crore
On 16 May, BEL had announced the receipt of orders amounting to ₹572 crore since 7 April 2025. These included Integrated Drone Detection and Interdiction Systems (IDDIS), Software Defined Radios (SDR), Data Communication Units (DCU) for attack guns, AI-based solutions for ships, simulators, communication equipment, jammers, spares, and related services.
BEL reported a 15 per cent year-on-year rise in net profit to ₹2,127 crore for the fourth quarter of financial year 2024–25, compared to ₹1,796.67 crore in the same quarter of the previous year. Revenue from operations increased by 6 per cent to ₹9,149.59 crore in Q4FY25, up from ₹8,564.08 crore in Q4FY24.
Total expenses for the quarter were ₹6,476.97 crore, marking a 1.2 per cent increase from ₹6,399.44 crore in the year-ago quarter.
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