BEML records highest ever turnover
Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%. In spite of major disruption and slowdown of economic activities caused by the outbreak of Covid-19 pandemic, the Company has been able to perform so creditably.
The value of production stood at all time high Rs 3,556 crore. The company鈥檚 PBT stood at Rs 93 crore, a jump of 285% compared to last year. Under the Atmanirbharata Mission, BEML rolled out state-of-the art machines in all its three business verticals.
The first prototype mechanical minefield marking equipment Mk-II, built on BEML multipurpose vehicle (6x6) through ToT from R&D E Engineers, DRDO. BEML is expected to receive the orders of more than 55 systems from MoD after the successful trial evaluation.
BEML supplied the first set of indigenously designed, developed and produced Driverless Metro Train to MMRDA, Mumbai. The train is now under dynamic test trials. BEML will supply total of 96 metro train sets over the next two years.
BEML delivered one of the Asia鈥檚 biggest BH205E dump truck to NCL apart from BE1800D excavator to Coal India under Aatmanirbharata Mission. Exports doubled during 2020 鈥� 2021. Further, BEML bagged major orders from Government of Cameroon for supply of 71 units of construction equipment worth Rs 160 crore.
鈥淚t is creditable for team BEML to achieve this highest ever turnover in spite of tough conditions and we were able to meet our customers鈥� requirements amidst lockdown last year. Significantly, we won majority of the orders against stiff global competition,鈥� said MV Rajasekhar, CMD BEML.
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