Q4 Results: BEML Profit Drops 37% to Rs 180 Crore; Shares Down 6.38%

New Delhi, May 29: State-owned BEML Ltd on Friday reported a 37.4 per cent decline in consolidated profit at Rs 179.82 crore during the March quarter.

The company had posted consolidated profit of Rs 287.55 crore in the year-ago period BEML Ltd said in a filing to the BSE.

However the total income of the company during the January-March period rose to Rs 1 804.14 crore over Rs 1 656.36 crore in the year-ago period the filing said.

The total expenses of the company rose to Rs 1 559.19 crore over Rs 1 261.54 crore in the year-ago period the filing said.

Stock Market Snapshot

BEML shares witnessed sharp selling pressure on May 29, 2026, with the stock extending losses throughout the trading session.

As of 3:20 PM IST, the stock was trading at ₹1,715.70, down ₹116.90 or 6.38% from the previous close of ₹1,832.60.

The stock opened at ₹1,850.00 and touched an intraday high of ₹1,864.00 before reversing course. Selling intensified during the afternoon session, dragging the stock to an intraday low of ₹1,693.00. The BEML share price remained under pressure despite a brief recovery attempt from the day’s low.
The decline comes after a period of heightened investor interest in defence and railway-related public sector stocks, with market participants appearing to lock in gains amid broader volatility.

Despite the sharp fall, BEML continues to trade above its 52-week low of ₹1,355.00. However, the stock remains significantly below its 52-week high of ₹2,437.40. With a market capitalisation of approximately ₹14,290 crore, investors are likely to watch for fresh order inflows and execution updates that could influence sentiment going forward.

BEML Ltd manufactures a variety of heavy equipment such as those used for earth moving railways and mining. It is headquartered in Bengaluru.

(With inputs from PTI)