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ā¢ BEML Ltd. reported a surge in net profit to Rs 51.80 crore in the July-September quarter, with revenue growing nearly 14 percent to Rs 916.80 crore.
ā¢ Shares of BEML surged 5 percent in early trade on November 10, following the company's stellar earnings.
ā¢ The company's operational performance was lifted by easing raw material costs and consistent order wins, leading to a 150 basis point expansion in EBITDA margin.