BEML jumps after bagging $60 million metro rolling stock order in Africa

The order, valued at approximately $60 million, comprises stainless-steel standard gauge metro rolling stock.

This marks BEML's first-ever overseas order for the supply of metro rolling stock.

BEML is a multi-technology 'Schedule A' company under the Ministry of Defence, operating across three verticals'defence & aerospace, mining & construction, and rail & metro. As of 31 December 2025, the Government of India held a 54.03% stake in the company.

The company reported a consolidated net loss of Rs 22.38 crore in Q3 FY26, compared with a net profit of Rs 24.41 crore in Q3 FY25. Revenue from operations increased 23.69% year-on-year to Rs 1,083.27 crore for the quarter ended 31 December 2025.

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