Net sales during the quarter jumped 48.4% YoY to Rs 669.18 crore. Total expenses increased by 33.3% to Rs 752.31 crore in Q1 FY23 over Q1 FY22. The companys order book stood at Rs 9,100 crore as on 30 June 2022 as against Rs 11,211 crore as 30 June 2021. The defense firm said it executed orders worth Rs 663 crore in quarter ended June 2022. BEML is a multi-technology schedule A company under the Ministry of Defence. It has its operation under three business verticals viz. defence & aerospace, mining & construction and rail & metro. As on 30 June 2022, the Government of India held 54.03% stake in BEML. Powered by Capital Market – Live News
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