State-owned BEML Ltd announced securing an export order worth $36.38 million from the Middle East for heavy earthmoving equipment. The equipment will be used for infrastructure projects in the region, expanding BEML’s international order book to $106.95 million. Earlier, BEML received a Letter of Intent for a $60 million overseas order from Africa for metro rolling stock.
Following the recent order win, BEML shares traded positively, rising nearly 1% to an intraday high of Rs 1,635.80 apiece on the NSE. The stock closed 0.12% higher at Rs 1,623.10. BEML’s financials showed a consolidated loss of Rs 22.38 crore for the quarter ended December 2025, compared to a profit of Rs 24.41 crore in the previous year.
On a standalone basis, BEML reported a loss of Rs 23 crore in Q3FY26, slightly narrower than the Rs 25 crore loss in the same period last year. The company’s consolidated income increased to Rs 1,087.13 crore during the quarter, but expenses also rose, impacting profitability.
In a separate update, Bipin Kumar Gupta ceased to be an Independent Director on BEML’s board in February, following the end of his tenure.
