Press Release
BEML Bestowed with Raksha Mantri Award01-06-2017
Analysts/Investors Meet On 07.06.2017
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that an Analysts/ Investors Meet is scheduled to be held on Wednesday, the 07th June, 2017 at Mumbai to brief the Business performance of the Company for the Financial Year 2016-17. Copy of the presentation, if any, made to the investors/analysts will be sent to Stock Exchanges and also placed on Company's website.01-06-2017
Higher defence spending revs Q4 show of BEML, BEL
When some of the larger state-run firms such as Coal India and Bharat Heavy Electricals lagged Street expectations, relatively smaller BEML's numbers were ahead of the estimates.Its March quarter results (announced after market hours on Tuesday) broke three quarters of decline in revenues. The Street cheered and the stock gained 4.5 per cent on Wednesday. Revenue for the quarter (fourth or Q4 of 2016-17) rose by 18 per cent to Rs 1,346 crore. Net profit grew 26 per cent to Rs 186 crore. While segmental results are awaited, analysts believe much of the performance could be attributed to an improvement in the defence sector. Some believe its contribution to overall revenue would have increased from Rs 330 crore in FY16 to Rs 800-900 crore in FY17. "This is a major positive and reiterates that BEML is on the right track to reducing its dependence on the coal sector and strengthening its product base," says an analyst from a domestic brokerage. BEML aspires to increase the share of...31-05-2017
Board recommends Dividend
BEML Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2017, inter alia, have recommended a Dividend @ Rs. 8.00/- per equity share (80%) for the year 2016-17.30-05-2017
Financial Results For 31/03/2017
Please find enclosed Audited financial results including consolidated financial results, in the detailed format, along with Auditor's Report and Impact of Audit Qualification (for audit report with modified opinion), for the year ended 31.03.2017 together with the results for the Fourth quarter in terms of Regulation 33 of the (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results have been considered and approved by...30-05-2017
Board Meeting On 30.05.2017
Please note that the Board Meeting which was originally scheduled on 26.05.2017 and preponed to 25.05.2017, inter-alia, to consider and approve the audited financial results for fourth quarter and financial year ended 31.03.2017, stands postponed due to administrative reasons to Tuesday, the 30.05.2017.24-05-2017
Board Meeting On 25.05.2017
Please note that the Board Meeting which was originally scheduled on 26.05.2017, inter-alia, to consider and approve the audited financial results for fourth quarter and financial year ended 31.03.2017, stand preponed due to administrative reasons to Thursday, the 25.05.2017.18-05-2017
Board to consider FY17 Results & Dividend on May 26, 2017
BEML Ltd has informed BSE that a Board Meeting of the Company will be held on May 26, 2017, inter alia, to consider and approve the audited financial results for the fourth quarter and financial year ended March 31, 2017 and also to consider and recommend dividend on equity shares, if any, for the year 2016-17.15-05-2017
Board Meeting On 26.05.2017
Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby intimate that a Board Meeting of M/s. BEML Limited will be held on Friday, the 26.05.2017, inter-alia, to consider and approve the audited financial results for the fourth quarter and financial year ended 31.03 2017 and also to consider and recommend dividend on equity shares, if any, for the year 2016-17.15-05-2017