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

AI: Code, Control, Conquer

India today stands at a critical juncture in the area of artificial intelligence. While the country is among the fastest adopters of AI in the world, it remains heavily reliant on technologies developed elsewhere. This paradox, experts warn, cannot persist if India seeks technological sovereignty.

RBI pauses to assess inflation risks, policy transmission

The Reserve Bank of India (RBI) has begun the new fiscal year with a calibrated pause, keeping the repo rate unchanged at 5.25 per cent in its April Monetary Policy Committee (MPC) meeting. The decision, taken unanimously, reflects a shift from aggressive policy action to cautious observation after a signi

New pathways for tourism growth

Traditionally, India’s tourism policy has been based on three main components: the number of visitors, building tourist attractions and providing facilities for tourists. Due to the increase in climate-related issues and environmental destruction that occurred over previous years, policymakers have b

Is the US a superpower anymore?

On April 8, hours after warning that “a whole civilisation will die tonight,” US president Donald Trump, exhibiting his unique style of retreating from high-voltage brinkmanship, announced that he agreed to a two-week ceasefire with Iran. The weekend talks in Islamabad have failed and the futur

Machines communicate, humans connect

There is a moment every event professional knows—the kind that arrives without warning, usually an hour before the curtain rises. Months of meticulous planning are in place. And then comes the call: “We’ll also need a projector. For the slides.”   No email

Why India is entering a ‘stagflation lite’ phase

India’s macroeconomic narrative is quietly shifting—from a rare “Goldilocks” equilibrium of stable growth and contained inflation to a more fragile phase where external shocks are beginning to dominate domestic policy outcomes. The numbers still look reassuring at first glance: GDP


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter