The company had posted a net loss of Rs 11.42 crore in the corresponding quarter of the previous fiscal, it said in a statement.
The firm's total income from operations increased to Rs 763.52 crore, over Rs 576.89 crore in the year-ago period.
BEML operates in three major business verticals for associated equipment manufacturing - mining and construction, defence and rail and metro.
Shares of the company were trading 4.33 per cent down at Rs 958.00 apiece during afternoon session on BSE.