BEL receives orders worth Rs 593.22 Crores
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Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract with the Indian Air Force valued at Rs 593.22 Crores (excluding taxes) for providing maintenance services for the Akash Missile System, which was supplied by BEL.
With this, BEL has commenced the current financial year 2025-26 with Rs 593.22 Crores order acquisition. Further, the Company has concluded negotiations with customers for the acquisition of orders worth Rs 5,000 Crores (Rupees five thousand crores).
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