BEML bags order worth ₹186 crore for supply of bulldozer from Defence Ministry
Published on 18/07/2025 03:28 PM
BEML bags order worth ₹186 crore for supply of bulldozer from Defence MinistryThe state-owned company is also scheduled to meet on July 21, 2025, to consider a stock split, a sub-division of its equity shares.By CNBCTV18.com July 18, 2025, 3:28:58 PM IST (Updated)1 Min ReadState-owned Bharat Earth Movers (BEML) Ltd. informed the exchanges on Friday, July 18, that it has bagged order from the Ministry of Defence (E-in-C) for supply of Bulldozer with contract value of ₹185.65 crore approximately.
The state-owned company is scheduled to meet on July 21, 2025, to consider a stock split, a sub-division of its equity shares.
A stock split is generally considered by a company to increase its outstanding shares and also improve trading liquidity by making the stock more affordable to its shareholders.
BEML posted a net profit of ₹287.5 crore for the quarter ended March 31, 2025, marking a 12% increase from ₹257 crore in the same period last year. Revenue rose 9.1% year-on-year to ₹1,652.5 crore, compared to ₹1,514 crore in Q4 FY24, supported by healthy performance across segments.
The company’s EBITDA stood at ₹422.6 crore, up 13.9% from ₹371 crore a year ago, while operating margins improved to 25.57% from 24.5% in the corresponding quarter of the previous fiscal.
Shares of BEML Ltd. are currently trading 3.26% lower on Friday at ₹4,398.90. The stock up 7% so far this year.Continue ReadingFirst Published: Jul 18, 2025 3:28 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBEML