BEML gets truck supply order worth ₹246.78 Crore

22 Nov 2024 , 12:43 PM

BEML, a state-owned company, announced Thursday that it has received an order worth ₹246.78 Crore from Central Coalfields Ltd (CCL) for the delivery of back dump trucks used in mining operations. BEML stated that as part of the order, it will supply 48 BH60M rear dump trucks and parts, as well as after-sales service support.

BEML stated that the trucks were created in-house and have features such as a 360-degree back camera for comprehensive visibility and better safety, an automatic fire suppression system for emergency preparedness, and an auto lubrication system to ensure seamless maintenance.

BEML, which reports to the Ministry of Defence, operates in three verticals: construction and mining, rail and metro, and defence and aerospace. CCL is a coal mining firm that operates 38 mines (3 underground and 35 opencast).

BEML CMD Shantanu Roy stated, “This partnership strengthens our resolve to contribute to India’s growth by supporting critical sectors such as mining with sustainable and advanced technologies, in line with the country’s vision of self-reliance and global leadership in industrial innovation.”

BEML announced a 0.75% year-on-year (YoY) fall in profit after tax (PAT) to ₹51.03 Crore for the second quarter ended September 30, 2024. The company’s revenue from operations for the reporting quarter was ₹859.84 Crore, down 6.2% YoY from ₹916.79 Crore in the same quarter of the previous fiscal year.

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