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BEL Shares Climb After Q2 Profit Jumps 19.8%

BEL
Bharat Electronics shares hit a day high after Q2 standalone profit rose 19.8% to Rs 1,541 crore and revenue grew 26.5%.

Bharat Electronics shares hit a day high of Rs 378, up 2%, after Q2 standalone profit rose 19.8% to Rs 1,541 crore and revenue grew 26.5%.

Bharat Electronics Limited told exchanges on 30 October that its standalone profit after tax for the July to September quarter was Rs 1,541 crore. A year earlier, it was Rs 1,286 crore. Sales moved faster than profit.

Revenue from operations rose 26.5% to Rs 7,291 crore from Rs 5,764 crore a year ago, and profit before tax climbed to Rs 2,064 crore from Rs 1,734 crore.

Profit before tax is the earnings figure before the tax bill.

Over the first six months of FY27, revenue reached Rs 12,824 crore, up 25.97% from Rs 10,180 crore a year ago.

Profit after tax for the period rose 14.81% to Rs 2,589 crore.

The board approved the numbers on 30 October, and the meeting ended at 4:40 pm, after markets had closed.

Monday is therefore the first trading session since.

Statutory auditors completed a limited review and issued an unmodified conclusion.

In plain terms, they raised no objections. BEL is a Navratna defence PSU under the Ministry of Defence.

It makes electronic systems for the Army, Navy and Air Force, and also supplies electronic voting machines.

As of 1 October, BEL’s order book stood at Rs 68,717 crore. Put simply, that is work already won and waiting to be delivered.

On 22 October, the company disclosed fresh orders worth Rs 1,011 crore, covering radar, communication equipment, sonar systems and jammers, secured since 13 October.

Its latest dividend was Re 0.55 per share, with an ex-date of 13 August.

At 10:48 am, it’s trading at Rs 375.55 on NSE, up by Rs 5.65, or 1.53%, from the previous close of Rs 369.90.

About 64.24 lakh shares have changed hands. Its 52-week range runs from Rs 354.55 to Rs 473.45, and its market capitalisation is about Rs 2,74,592 crore.

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