BEL Achieves Record Turnover of Rs 23,000 Crore

Date:

Bengaluru: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of around Rs 23,000 crore (Provisional & Unaudited), during the financial year 2024-25, against the previous year’s turnover of Rs19,820 crore registering a growth of 16%. This includes Export sales of around US$ 106 million during FY 2024-25, as against the previous year’s export turnover of US$ 92.98 million, registering a growth of 14%.

In the fiscal year 2024-25, BEL secured orders worth Rs18,715 crore. Some of the major orders received during the year are BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data link, Multi-Function Radars, EON 51, Seekers, Anti Drone System, Airport Surveillance Radar, Sonar Upgradation, Flycatcher spares, Radar upgradation, Spares and Services, etc, and other projects in non-defence sector. With this, the total Order Book of BEL as on April 1st, 2025, stands at around Rs 71,650 crore including Export Order Book of US$ 359 million.

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Manoj Jain, Chairman and Managing Director, BEL, said, “BEL strives to attain self-reliance through enhanced Indigenisation efforts, expansion and modernisation, outsourcing to Indian Industries including MSMEs and Start-ups. BEL has rolled out strategies to maximise its global outreach and footprint in International market segments in the coming years. All these efforts will help BEL to retain its market leadership position in the Strategic Electronics sector.”

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