BEML records highest-ever turnover

Under the Atmanirbharata Mission, BEML recently rolled out state-of-the-art machines in all of its three business verticals.
BEML recorded its highest-ever turnover of ₹3,557 crores for the FY 2020-21 against the previous year turnover of ₹3,029 crores, a growth of 17 percent.
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 an all-time high ₹3,556 crores. The company’s PBT stood at ₹93 crores, a jump of 285 percent 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 (6×6) 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 a total of 96 Metro train sets over the next two years.
“It is creditable for Team BEML to achieve this highest ever turnover in spite of tough conditions and we were able to meet our customers’ requirements amidst lockdown last year. Significantly, we won majority of the orders against stiff global competition,” said M V Rajasekhar, CMD, BEML.
BEML delivered one of Asia’s biggest BH205E dump trucks to NCL apart from BE1800D excavators to Coal India under Aatmanirbharata Mission. Exports doubled during 2020-2021. Further, BEML bagged major orders from Government of Cameroon for supply of 71 units of construction equipment worth ₹160 crores.
Photo credit to BEML