The new pricing policy was announced by Ministory of Defence (MoD) wherein the PBT margins were reduced to 7.5% as against 12.5% earlier and is applicable on prospective orders given to Defence PSUs on a nominated basis. BEL's current order back log of ~Rs. 50,000 cr remains unaffected with the new pricing policy however, uncertainty over profitability would continue to loom over the company over the next 3-5 years.