BEL achieves provisional turnover of Rs 11,700 crores for 2018-19 -Governance Now

BEL achieves provisional turnover of Rs 11,700 crores for 2018-19

The fiscal saw an all-time high order acquisition of Rs 23,200 crores

GN Bureau | April 8, 2019

#aerospace #PSU #profit #turnover #BEL #defence

BEL has achieved a turnover of Rs 11,700 crores in the recently concluded 2018-19 FY, sustaining a double digit growth (an increase of 16 percent) over the previous year’s turnover of Rs 10,085 crores.

BEL achieved export sales of $21.87 million in 2018-19 fiscal. Major products exported include coastal surveillance system spares, accoustic test facility, compass, cable looms, electro mechanical parts.

The fiscal saw an all-time high order acquisition of Rs 23,200 crores. Some of the major orders acquired in the last fiscal include long range surface to air missile system, electronic fuze, l 70 gun upgrade, weapon repair facility for naval ships, kerala-fibre optics network (K-FON), smart city projects, integrated perimeter security solution (IPSS), video surveillance system, naval airfield integrated security system (NAISS), real time information system. BEL’s order book as on April 1, 2019 stands Rs 51,600 crores.

Some of the flagship projects executed during FY 2018-19 are Integrated Air Command & Control System (IACCS), Weapon Locating Radar (WLR), Cdr TI Sights, Schilka Upgrade, Tropo Upgrade, Integrated Communication System (ICS), Long Range Surface to Air Missile System (LRSAM), Ground Based EW System, L-70 Gun Upgrade, Electronic Voting Machines (EVM), Voter Verifiable Paper Audit Trail (VVPAT), etc.

Comments

Other News

DoT combats cyber-frauds: System soon to stop spoofed calls

In recent times, citizens have been receiving many fraudulent calls, often disguised as originating from Indian mobile numbers. These calls are in fact manipulated by cyber-criminals operating from abroad. These criminals exploit the Calling Line Identity (CLI) to mask the actual origin of the calls, which

Deep history of our languages show who we Indians are

Discovering India Anew: Out of Africa to Its Early History (Second Edition) By Alan Machado (Prabhu) Orient BlackSwan, 356 pages, Rs 750

Polling concludes for J&K assembly

The polling for the Jammu & Kashmir legislative assembly elections concluded on Tuesday in a peaceful and celebratory atmosphere. Scenes of voters patiently waiting in lines at polling stations, set against the scenic backdrop of the region, highlighted the people`s strong faith in democracy. The festi

Advancing green growth via bio-manufacturing and bio-foundry initiative

In the ongoing problem of facing environmental challenges, the call for sustainable practices has become more pressing than ever. Nations have started to strive to reduce their carbon footprint and mitigate the adverse effects of industrialization, innovative solutions are imperative. Unfortunately, due to

ECI reviews poll preparedness in Maharashtra

Ahead of the assembly elections in Maharashtra, chief election commissioner Rajiv Kumar and two election commissioners, Gyanesh Kumar and Sukhbir Singh Sandhu met all the stakeholders including political parties and officials during their two-day visit to the state. The term of the current a

Sanjay Raut gets bail relief after conviction in defamation case

A metropolitan magistrate court in Mumbai Thursday sentenced Sanjay Raut, Shiv Sena (UBT) MP and editor of party mouthpiece, ‘Saamna’, to 15 days imprisonment and imposed a fine of Rs 25,000 in a case filed by Medha Somaiya, wife of BJP leader Kirit Somaiya. Judicial magistrate A