Bharat Electronics Secures Orders Worth Rs 695 Cr
In July, the company received export orders worth Euro 25.75 million, estimated to be around Rs 230 crore.
Navratna defence PSU Bharat Electronics Limited (BEL) has announced securing orders worth Rs 695 crore. The major orders comprise combat management systems, communication equipment, stabilized optronic pedestals, upgrades, spares, services, and more, the company said in a press filing on Thursday. With this, BEL's total orders accumulated in the current financial year have reached Rs 5,920 crore.
In July, the company received export orders worth Euro 25.75 million, estimated to be around Rs 230 crore.
The orders were received from Thales Reliance Defence Systems (TRDS) for the production and supply of Transmit-Receive (TR) modules. These modules are expected to be used in fighter aircraft radars.
Read Also : NTPC-NPCIL Joint Venture 'ASHVINI' gets Govt approvalThe company’s order book stood at Rs 76,705 crore. Last month, BEL reported a consolidated net profit of Rs 791 crore in the April to June quarter, up 47% from the Rs 538 crore posted in the same quarter last year.
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