Bharat Electronics Limited (BEL), a leading defense public sector firm, has secured new orders worth ₹695 crore. These include combat management systems, communication equipment, and other advanced technologies.
With this addition, BEL’s total orders in FY24 have climbed to ₹5,920 crore. In July, BEL received export orders valued at €25.75 million (around ₹230 crore) from Thales Reliance Defence Systems for radar components. The company’s order book stood at ₹76,705 crore as of July 1. BEL's Q1 FY24 net profit surged 47% to ₹791 crore, compared to ₹538 crore last year.