BEML hits highest ever turnover at Rs 3,557 cr
Equipment

BEML hits highest ever turnover at Rs 3,557 cr

BEML Limited, Indian Public Sector Undertaking, recorded its highest ever turnover of Rs 3,557 crore in FY21, up 17%, compared to FY20's total of Rs 3,029 crore.

Despite Covid-induced interruptions and reduction of economic operations, the Bengaluru-based firm says it has performed well.

In a statement, the company reported that its profit before taxes was Rs 93 crore, up 285% over the previous year.

M V Rajasekhar, Chairman and Managing Director of BEML stated that customers place a majority of orders in the face of fierce global competition.

The Defense Public Sector Undertaking BEML Limited, earlier Bharat Earth Movers Limited, was founded in May 1964. The firm then manufactured rail coaches, spare parts and mining equipment.

At present, BEML works with major sectors of the country—defence, rail, power, mining and infrastructure.

Image Source


Also read: JSW Steel Q4 results: Net profit jumps to Rs 4,191 crore

Also read: KIOCL Q4FY21 results: Net profit rises to Rs 301.17 cr

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

BEML Limited, Indian Public Sector Undertaking, recorded its highest ever turnover of Rs 3,557 crore in FY21, up 17%, compared to FY20's total of Rs 3,029 crore. Despite Covid-induced interruptions and reduction of economic operations, the Bengaluru-based firm says it has performed well. In a statement, the company reported that its profit before taxes was Rs 93 crore, up 285% over the previous year. M V Rajasekhar, Chairman and Managing Director of BEML stated that customers place a majority of orders in the face of fierce global competition. The Defense Public Sector Undertaking BEML Limited, earlier Bharat Earth Movers Limited, was founded in May 1964. The firm then manufactured rail coaches, spare parts and mining equipment. At present, BEML works with major sectors of the country—defence, rail, power, mining and infrastructure. Image Source Also read: JSW Steel Q4 results: Net profit jumps to Rs 4,191 crore Also read: KIOCL Q4FY21 results: Net profit rises to Rs 301.17 cr

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?