Governance Now Visionary Talks Series

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

Honouring the Honest: PM launches platform for transparent taxation

Prime minister Narendra Modi on Thursday launched a platform for “Transparent Taxation - Honouring the Honest” through video conferencing. Addressing trade and industry bodies over video conferencing, Modi said the process of structural reforms in the country’s economy has

Few pvt channels give credit to DD: Prasar Bharati CEO

Very few of the 200-plus private news channels gave credit to Doordarshan for the live footage of the historic Bhumi Pujan ceremony at Ayodhya on August 5, says Shashi Shekhar Vempati, CEO, Prasar Bharati. This can impact the revenues but that is not what the public telecaster is aiming at.

Covid-19: More than 3 crore N95 masks distributed

More than 3.04 crore masks of N95 variety and more than 1.28 crore personal protection equipment (PPE) kits have been distributed by the centre to states and union territories (UTs) as part of their joint fight against the Covid-19 pandemic. Since 11th March 2020, more than 10.83 crore HCQ t

Covid-19: Vigorous testing leads to fatality rate drop

India has been registering more new cases of Covid-19 infection than any other country for the past seven days, yet its rigorous push on testing and thus on early identification is bearing fruits, with the case fatality rate (CFR) going further down to 2.1. In a new high, India has scaled th

Election manifestos and voters` Right to Know

Recognising the importance of election manifestos, the supreme court directed the election commission (EC) of India to frame guidelines directly governing the contents of the election manifestos in the case of S. Subramaniam Balaji v. State of Tamil Nadu & Ors. reported in (2013) 9 SCC 659. Although th

No support from govt, says ad veteran Sam Balsara

Advertising veteran Sam Balsara has lamented the lack of support from the government to the industry and said that it has completely ignored the sector. Balsara, the founder, chairman and managing director of Madison World and Madison Communications, said that the government needs to provide

Governance Now 5th PSU IT Forum

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter