MUMBAI (Metro Rail News): Bharat Earth Movers Limited, now known as BEML has bagged further orders for Metro Coaches from Delhi Metro Rail Corporation (DMRC) for MMRDA Mumbai line 2&7 for additional 21 trainsets (126 Nos.) valued at Rs 834 crore approx.
The above order is in addition to the order received from DMRC for supply of 378 metro coaches (63 metro trains) worth about Rs.3015 crore.
On August 2, 2019 BEML Ltd reported narrowing of its consolidated profit to Rs 98.21 crore for the quarter ended June 30.
The company had posted a consolidated profit of Rs 162.56 crore in the year-ago period, BEML Ltd said in a filing to the BSE.
Its consolidated income during June 2019 quarter increased to Rs 589.10 crore, compared with Rs 457.91 crore a year ago.BEML Ltd serves core sectors such as defence, rail, power, mining and infrastructure. The company operates under three major business verticals — mining and construction, defence, and rail and metro.