Bharat Electronics Limited (BEL) has announced that it has won a huge order of ₹24.63 billion, from Indian Air Force for Ashwini Radars,
which will be a massive addition to its order book in the fiscal year 2024-25. This new contract follows closely after BEL had declared additional orders for ₹843 crore on March 11, 2025.
Highlights:
The order of ₹24.63 billion is the new addition, and it takes BEL's order intake for FY25 to ₹39.2 billion
BEL has a varied order book with RF seekers, ship and air traffic management systems, and radar enhancement
The firm recorded a profit after tax of 47.3% for Q3 FY25 at ₹1,316.06 crore
This huge order strengthens BEL's position as a major defense sector player in India and reflects ongoing faith in its ability. The stock of the company is bound to respond favourably to this news, considering its current performance and analysts' recommendations.
Sources: on the basis of BEL's regulatory submissions and news reports from Business Standard, Economic Times, and Angel One, as of March 12, 2025.