The government-run BEML Ltd announced that it had won a $36. 38 million (about Rs 336 crore) export order from the Middle East for the provision of heavy earthmoving machinery.

The corporation stated in a regulatory document that the equipment will be used for infrastructure development initiatives in the area.

This order brings BEML’s international order book to $106. 95 million (about Rs 996 crore), increasing its worldwide footprint, the business said.

The business got a Letter of Intent on March 18 for a foreign order worth about $60 million from the African area for the design, manufacture, delivery, testing, and commissioning of conventional gauge metro rolling stock. This was BEML’s first foreign order in the metropolitan market.

BEML shares were trading positively after the most recent contract victory.

On the NSE, the share increased almost 1% to an intraday high of Rs 1,635. 80 before falling back to finish the day up 0. 12% at Rs 1,623. 10.

The stock is currently down 46. 34% over the last year and 12. 44% year to date.

BEML’s financial performance for the quarter ending December 2025 saw a combined loss of Rs 22. 38 crore, down from a profit of Rs 24. 41 crore in the same period the previous year.

The company recorded a loss of Rs 23 crore in Q3FY26 on a standalone basis, which was somewhat less than the loss of Rs 25 crore that was reported for the same time the previous year.

During the quarter, the firm’s total income increased from Rs 880. 28 crore to Rs 1,087. 13 crore.

Costs, however, rose from Rs 850. 70 crore to Rs 1,112. 54 crore, which hurt profitability.

Following the conclusion of his term, the firm said in a separate statement in February that Bipin Kumar Gupta stopped being an Independent Director on its board on February 10.