BEL wins orders worth Rs 1,150 crores

New Delhi: Navaratna Defence PSU Bharat Electronics Limited (BEL) on Wednesday said that it has received orders worth Rs 1,150 crores till date during the financial year 2024-25.

According to the company, the major orders include AMC of Akash Missile System, Combat Management System for ships, Missile Fire Control System for ships, Laser Range Finders, Communication Network Centre, etc.

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Backdrop

During the FY 2023-24, the net profit of the company stood at Rs 4,020.00 crore, with a growth of 33.70 percent over the net profit of Rs 3,006.67 crore recorded during the previous year (FY 2022-23).

The order book position of the company as on April 1 stood at Rs 75,934 crore.

BEL is a Navratna PSU under the Ministry of Defence. It manufactures state-of-the-art electronic products and systems for the Army, Navy and the Air Force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics etc.

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