BEML Share Price in Focus: Signed 2 MoUs in Rail and Dredging Sector

On March 12, 2025, BEML Ltd announced that it has signed 2 Memorandums of Understanding (MoUs) to expand its presence in the rail and dredging sectors.

The company entered into a non-binding MoU with Siemens Limited, India, to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets.

“BEML Limited and Siemens Limited, India, have signed a non-binding Memorandum of Understanding (MoU) to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets,” BEML said in a regulatory filing.

Additionally, BEML signed an MoU with Dragflow S.R.L., Italy, to strengthen indigenous dredging solutions.

BEML Q3FY25 Performance

During Q3FY25, BEML reported a 1% increase in its revenue, rising from ₹1.036 crore to ₹1,047 crore. Its year-on-year (YoY) revenue also saw a 1% growth, increasing from ₹2,510 crore to ₹2,541 crore.

Additionally, profit after tax (PAT) for the nine months ending December 2023 grew from ₹0.56 crore to ₹26 crore, with the PAT margin improving from 0.02% to 1.02%. It’s worth noting that the company achieved better gross margins through a reduction in material costs, thanks to cost-effective measures. Furthermore, the reduction in workforce from 5248 employees in December 2022 to 4948 employees a year later contributed to lower manpower costs.

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