Did BEL's Q1 profit surge by nearly 25% to Rs 969 crore?

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Did BEL's Q1 profit surge by nearly 25% to Rs 969 crore?

Synopsis

Bharat Electronics Limited (BEL) has reported a remarkable 24.86% increase in net profit for Q1 FY26, reaching ₹969.13 crore. This growth is attributed to enhanced operational performance and an impressive order book, including a significant contract with the Ministry of Defence for Air Defence Fire Control Radars. Investors remain optimistic as BEL's stock rebounds.

Key Takeaways

  • BEL's Q1 FY26 profit rose to ₹969.13 crore, a 24.86% YoY increase.
  • Operational performance improved significantly.
  • Revenue grew by 5.2% to ₹4,416.83 crore.
  • BEL's order book reached ₹74,859 crore.
  • Secured a ₹1,640 crore contract for Air Defence Fire Control Radars.

Mumbai, July 28 (NationPress) Bharat Electronics Limited (BEL), the government-owned defense public sector undertaking, announced a remarkable 24.86% year-on-year (YoY) increase in its consolidated net profit, reaching Rs 969.13 crore for the first quarter of the financial year 2025-26 (Q1 FY26). This marks a significant rise from Rs 776.14 crore during the same quarter last year (Q1 FY25).

The increase in profit was bolstered by improved operational performance. Profit before exceptional items and tax rose to Rs 1,289.24 crore, reflecting a 24.28% increase from Rs 1,037.34 crore in the same quarter last year, as per the company's filing with the stock exchange.

Revenue from operations also saw an uptick, climbing 5.2% to Rs 4,416.83 crore compared to Rs 4,198.77 crore in Q1 FY25.

Investor sentiment remained positive leading up to these results, with the market anticipating strong earnings.

Despite some overall market weakness, BEL's stock rebounded after the announcement of its results.

The share price, which dipped to an intra-day low of Rs 383.10 on Monday, recovered to close at Rs 389.35.

BEL also presented a robust business outlook, supported by a healthy order book. As of July 1, the company’s total order book amounted to Rs 74,859 crore.

Adding to this momentum, BEL secured a significant order from the Ministry of Defence on July 25.

This Rs 1,640 crore contract entails supplying Air Defence Fire Control Radars to the Indian Army.

These radars, developed by DRDO and produced by BEL, provide high-performance air threat detection and operate effectively day and night under all weather conditions.

They are also equipped with Electronic Counter Measures (ECM) for efficient monitoring and control of air defense guns.

In addition, BEL announced receiving further orders worth ₹563 crore since its last update on June 30.

These new orders encompass projects such as the National Maritime Domain Awareness system, Inertial Navigation Systems for artillery, communication equipment, Satcom Interception Systems, jammers, spare parts, services, and more.

Point of View

BEL's impressive financial performance and expanding order book reflect the growing confidence in India’s defense sector. It showcases the company’s commitment to enhancing national security through advanced technology. The government’s support and BEL's innovative capabilities position it as a key player in the defense industry, promising a robust future.
NationPress
30/07/2025

Frequently Asked Questions

What is BEL's profit for Q1 FY26?
BEL's consolidated net profit for Q1 FY26 is ₹969.13 crore, marking a 24.86% increase compared to the previous year.
What contributed to BEL's profit growth?
The growth in profit was driven by improved operational performance and an increase in revenue from operations.
What is BEL's order book size?
As of July 1, BEL's total order book stands at ₹74,859 crore.
What significant contract did BEL secure recently?
BEL secured a major contract from the Ministry of Defence worth ₹1,640 crore for supplying Air Defence Fire Control Radars.
What other orders has BEL received?
BEL has also received additional orders worth ₹563 crore for various defense projects since June 30.