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BEL
has strengthened its FY25 order book to ₹13,724 crore after securing additional orders worth ₹577 crore since its last update on February 20, 2025. The new contracts include airborne electronic warfare systems, an advanced composite communication system for submarines, Doppler weather radar, train communication systems, radar upgrades, spares, and services.
Meanwhile, BEL delivered a stellar Q3 performance, with net profit surging 47.3% YoY to ₹1,316 crore, surpassing CNBC-TV18’s estimate of ₹980 crore. Revenue grew 39% YoY to ₹5,756 crore, beating the expected ₹4,955 crore. EBITDA jumped 57.5% YoY to ₹1,653 crore, exceeding the forecast of ₹1,195 crore, while EBITDA margin expanded 330 bps to 28.7% (vs. 25.4% last year), outperforming the expected 24.1% margin.
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