Advanced Weapons and Equipment India Limited

New DPSUs profit Rs 2,801 crore five years after the ordnance factory conversion

The seven companies carved out of the Ordnance Factory Board in 2021 posted a combined profit of Rs 2,801 crore in FY 2025-26 against a loss of Rs 2,844 crore before corporatisation, with exports rising from Rs 81 crore to Rs 4,561 crore over the same comparison, the Ministry of Defence's Annual Report 2025-26 says.