BEML secures ₹246 crore from central coalfields; shares trade lower

The BH60M Rear Dump Truck is a high-performance vehicle powered by a Cummins engine delivering 480 kW (644 FHP) at 2000 rpm, paired with an advanced Allison transmission. With a payload capacity of 54,500 kg, this truck is engineered to meet the rigorous demands of mining operations. Its ergonomically designed cabin offers operators superior comfort and control, while its Orbitrol full-time power steering and shorter turning radius ensure excellent manoeuvrability.

The BH60M Rear Dump Truck, which is mostly manufactured at BEML’s Mysuru manufacturing complex, is equipped with cutting-edge features designed to enhance safety, efficiency, and operator comfort. These include a 360-degree rear camera for comprehensive visibility and improved safety, an Automatic Fire Suppression System for emergency preparedness, and an Auto Lube System to ensure seamless maintenance.

Commenting on the development, Shri Shantanu Roy, Chairman and Managing Director of BEML Ltd, said, "This order is a testament to our enduring partnership with Central Coalfields Limited and highlights BEML’s unwavering commitment to delivering innovative, reliable, and high-performance mining solutions. We take immense pride in being a trusted partner to the mining sector, providing cutting-edge equipment that meets the evolving demands of the industry.

The Q2FY25 results remained on the lower side as the sales for the quarter moved down to ₹859.8 crore as compared to ₹916.7 crore during the year-ago period. A slender decline of -1.34% was recorded to ₹51.4 crore from ₹52.1 crore in the corresponding previous quarter. The operating profit of the company witnessed a marginal growth to ₹88.1 crore from ₹68.9 crore in the same quarter last year.

BEML Limited is a leading multi-technology ‘Schedule A’ company under the Ministry of Defence, which plays a pivotal role in serving India’s core sectors like Defence, Rail, Power, Mining and Construction by offering world-class products. BEML operates in three verticals, viz. Defence & Aerospace, Mining & Construction and Rail & Metro have state-of-the-art manufacturing facilities located at Bangalore, Kolar Gold Fields (KGF), Mysore, and Palakkad, with a very strong R&D infrastructure and a nationwide network of sales and services.

Shares of BEML traded marginally lower at ₹3,689 apiece on the NSE. On a YTD basis, the shares have delivered decent returns of 29.8%.