BEL achieves record turnover of Rs 23000 Crores

Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of around Rs. 23000 Cr (Provisional & Unaudited), during the Financial Year 2024-25, against the previous year’s turnover of Rs. 19,820 Cr, registering a growth of 16%.

In the fiscal year 2024-25, BEL secured orders worth Rs 18715 Cr. Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti drone system, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services etc and other projects in Non-defence sector. With this, the total order book of BEL as of April 1st, 2025, stands at around Rs. 71650 Cr, including an export order book of USD 359 Million.

Manoj Jain, Chairman & Managing Director, BEL, said: “BEL strives to attain self-reliance through enhanced Indigenisation efforts, Expansion and Modernisation, Outsourcing to Indian Industries including MSMEs & Start-ups. BEL has rolled out strategies to maximise its Global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the Strategic Electronics sector.”