Bondada Engineering spurts on bagging order from BEL

The contract, valued at Rs 35,70,000, will be executed within three months from the receipt of the work order.

The order has been awarded by domestic entity BEL, and the project does not involve any related party transactions, nor does the promoter or promoter group of Bondada Engineering hold any interest in the awarding entity.

The order reinforces BEL's continued focus on sourcing critical defence components from domestic suppliers.

Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry. The compnay's consolidated net profit zoomed 119.12% to Rs 54.19 crore in Q3 FY26 as against Rs 24.73 crore in Q3 FY25. Revenue from operations jumped 89.40% year on year (YoY) to Rs 712.27 crore in Q3 FY26.

Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The company's standalone net profit jumped 20.81% to Rs 1,590.06 crore on a 23.72% rise in revenue from operations to Rs 7,121.98 crore in Q3 FY26 over Q3 FY25. The scrip rose 0.51% to Rs 441.90 on the BSE.

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