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BEL Achieves Record Rs 23,000 Crore Turnover in FY 2024-25

Bharat Electronics Limited (BEL) secured fresh orders worth ₹18,715 crore, including key defence contracts for radars, anti-drone systems, sonar upgrades, and more, strengthening its leadership in the strategic electronics sector.
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Bharat Electronics Limited (BEL) has achieved a record turnover of approximately ₹23,000 crore for FY 2024-25 (provisional and unaudited), reflecting a 16% increase over the previous fiscal’s ₹19,820 crore. The company’s export revenue also surged by 14%, reaching USD 106 million from last year’s USD 92.98 million.

CMD Manoj Jain reiterated BEL’s focus on self-reliance through greater indigenisation, infrastructure expansion, and technological modernisation. He also stressed the importance of outsourcing to Indian industries, particularly MSMEs and start-ups, while outlining plans for global market expansion.

BEL secured new contracts worth ₹18,715 crore during the year, including key defence projects such as BMP II Upgrade, Ashwini Radar, Software Defined Radios, Data Link, Multi-Function Radars, and Anti-Drone Systems. Additionally, the company strengthened its non-defence portfolio with critical assignments.

As of April 1, 2025, BEL’s total order book stands at around ₹71,650 crore, including an export pipeline valued at USD 359 million. The company continues to reinforce its dominance in the strategic electronics domain.


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