Mumbai, Aug. 5 -- In addition, the company has signed a Memorandum of Understanding (MoU) with TuTr Hyperloop, a deep-tech startup incubated at IIT Madras. The partnership aims to jointly develop India's first indigenously designed Hyperloop transportation system, marking a significant step toward next-generation high-speed travel in the country.

BEML is a leading multi-technology 'Schedule A' company under the Ministry of Defence. It operates in three verticals viz. defence & aerospace, mining & construction and rail & metro. As of 30 June 2025, the Government of India held a 53.86% stake in BEML.

The company's consolidated net profit jumped 11.97% to Rs 287.55 crore while revenue from operations rose 9.17% to Rs 1,652.53 crore in Q4 M...