BEL achieves record ₹23,000 crore turnover in FY25
The shares of Bharat Electronics Limited (BEL) were trading at ₹280.65, down by ₹11.35 or 3.89 per cent on the NSE today at 11.31 am.
Bharat Electronics Limited (BEL), the Navratna Defense PSU, has posted a record turnover of around ₹23,000 crore for the financial year 2024-25, registering a 16 per cent growth compared to the previous year’s ₹19,820 crore, according to a press release issued on April 1, 2025.
The company’s export sales reached approximately $106 million during the fiscal year, a 14 per cent increase from the previous year’s export turnover of $92.98 million.
BEL secured orders worth ₹18,715 crore during FY 2024-25. Major orders included BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, and various other defense and non-defense sector projects. With these new orders, BEL’s total order book stands at around ₹71,650 crore as of April 1, 2025, including an export order book of $359 million.
Manoj Jain, Chairman & Managing Director of BEL, emphasized the company’s focus on self-reliance through enhanced indigenization efforts, expansion and modernization, and outsourcing to Indian industries including MSMEs and startups. He added that BEL has implemented strategies to maximize its global outreach and footprint in international market segments in the coming years.
These efforts, according to Jain, will help BEL maintain its market leadership position in the strategic electronics sector.