BEML Ltd. has received an order of approximately Rs 336 crore ($36 million) from the Middle East region, according to an exchange filing on Monday.
The state-owned company has to supply heavy Earth Moving Equipment for infrastructure development applications, as per the filing.
"BEML Limited has secured an export order of USD 36.38 million from Middle East region for the supply of heavy Earth Moving Equipment for infrastructure development applications," the filing stated.
After the development, BEML share price swung to green and jumped as high as nearly 1%. With this new order the company's international order book has swelled to approximately Rs 996 crore or $106.95 million.
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BEML Q3FY26
State-owned BEML reported a consolidated loss of Rs 22.38 crore for the quarter ended December 31, 2025 on account of higher expenses.
In the year-ago period, the company, which is a leading mining and construction equipment manufacturer, had reported a consolidated profit of Rs 24.41 crore.
The consolidated income of the company in the December quarter rose to Rs 1,087.13 crore over Rs 880.28 crore in the year-ago period, BEML said in a filing to BSE.
The expenses of the company also increased to Rs 1,112.54 crore over Rs 850.70 crore in Q3 of fiscal 2025.
BEML Share Price
BEML's stock went as high as nearly 1% to Rs 1,635.80 apiece on the NSE after the announcement. However, the shares pared gains to close 0.12% higher at Rs 1623.10.
The stock has fallen 12.44% year-to-date, and 46.34% in the last 12 months. All of the four analysts tracking the company recommend buying its stock.
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