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BEML bags Rs 590-cr order from Defence Ministry

22-Apr-2026 | 07:32
BEML said that it has secured an order from the Ministry of Defence for the supply of trawl assemblies, with an approximate contract value of Rs 590 crore.

The order has been awarded under the provisions of Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015, the company said in an exchange filing.

The development reinforces BEML?s position as a key supplier of defence equipment and support systems to the Indian armed forces.

BEML is a multi-technology ?Schedule A? company under the Ministry of Defence, operating across three verticals?defence & aerospace, mining & construction, and rail & metro. As of 31 March 2026, the Government of India held a 54.03% stake in the company.

The company reported a consolidated net loss of Rs 22.38 crore in Q3 FY26, compared with a net profit of Rs 24.41 crore in Q3 FY25. Revenue from operations increased 23.69% year-on-year to Rs 1,083.27 crore for the quarter ended 31 December 2025.

Shares of BEML rose 1.38% to end at Rs 1,768.50 on the BSE.

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