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HomeMarket NewsBEML bags ₹157 crore Loram Rail Maintenance order; its second in two days
BEML has won a ₹157 crore order from Loram Rail Maintenance India to manufacture switch rail grinding machines for Indian Railways, adding to the company’s expanding rail and metro portfolio.
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BEML Ltd has secured an order worth ₹157 crore from Loram Rail Maintenance India Pvt Ltd for the manufacturing of switch rail grinding machines.
These machines will be supplied to Indian Railways for track maintenance, the company said in an exchange filing. As of 1:56 pm, shares of BEML were trading at ₹1,767.90 on the NSE, down 0.34% after hitting an intraday high of ₹1,806.50.
The order comes a day after BEML won a ₹414 crore contract from Bangalore Metro Rail Corporation Ltd (BMRCL) to supply additional trainsets for the Namma Metro Phase II project. The back-to-back wins strengthen BEML’s growing rail and metro portfolio — one of its core business verticals alongside defence and aerospace, and mining and construction.
BEML, a ‘Schedule A’ public sector enterprise under the Ministry of Defence, remains majority-owned by the Government of India, which held a 53.86% stake as of 30 June 2025.
The company last month reported a mixed July–September quarter for FY26, with net profit declining 6% year-on-year to ₹48 crore, while revenue dipped 2.4% to ₹839 crore. EBITDA remained steady at ₹73 crore, and operating margin improved slightly to 8.7% from 8.5% a year earlier, reflecting stable cost management.
