Expect 30% growth in topline in FY19, says BEML-July 2024-www.financetom.com

Expect 30% growth in topline in FY19, says BEML

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Expect 30% growth in topline in FY19, says BEML

May 28, 2018 2:13 AM

From next year, we will give you at least 30% growth on the topline,” said DK Hota, Chairman, Bharat Earth Movers Ltd (BEML).

Talking about order book, he said, "At the moment, I have executable order book of Rs 2,700 crore but my total order book is about Rs 6,700."

Speaking to CNBC-TV18, he said margin remains volatile on a quarterly basis.

State-run BEML posted a flat standalone profit of Rs 187.6 crore for the quarter ended March 2018. The company had posted a standalone profit of Rs 186.4 crore in the year-ago period.

The company operates under three major business verticals viz, mining and construction, defence and railway and metro.

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