In an exchange filing, the company said the order involves the design, manufacture, supply, testing and commissioning of standard gauge metro rolling stock.
The contract, valued at approximately $60 million (₹554 crore), will include stainless-steel metro coaches.
BEML said this marks its first-ever overseas order for metro rolling stock, representing a key milestone in its expansion into international markets.
The company added that the development strengthens its position in the rail and metro segment and opens up opportunities for further global business.
For the December quarter, BEML posted a net loss of ₹22.4 crore compared to a net profit of ₹24 crore in Q3FY25. Revenue rose 23.7% to ₹1,083 crore from ₹875.8 crore a year earlier. EBITDA for Q3 was almost wiped out after it fell 94% to ₹4 crore from ₹60.4 crore, and the margin narrowed to 0.3% from 6.9% in the previous year.
Shares of the company were trading 1,562.70 as of 3.08 pm. The stock has declined 28.32% in the last six months.
