Bharat Electronics (BEL), a Navratna Defence public sector undertaking (PSU), has reported a sharp 22.47 per cent year-on-year rise in its consolidated net profit at Rs 969.05 crore, up from Rs 791.28 crore in Q1FY25.
The state-run defence electronics firm reported consolidated revenue from operations at Rs 4,439.74 crore, up 4.62 per cent from Rs 4,243.57 crore in the previous year, while total income reached Rs 4,603 crore.
Here are key highlights from Bharat Electronics’s Q1 FY26 results
Order book remains strong at Rs 74,859 crore
The order book position of the company as on July 1, stood at Rs 74,859 Cr. Few recent order wins include Rs 1,640 crore order from the Indian Army. BEL secured this major contract to supply Atulya Air Defence Fire Control Radars—indigenously developed by DRDO—for the Indian Army.
The company said that it has reviewed its ongoing contracts with Israeli firms due to the current conflict situation in the region. “In our opinion there is no material financial impact as at the date of the results,” BEL stated.
Total dividend payout at Rs 2.40 per share for FY25
The board had earlier recommended a final dividend of ₹0.90 per share, in addition to the already paid interim dividend of ₹1.50 per share for FY25.
Other income rises to Rs 163.32 crore in the June quarter
BEL’s total income stood at Rs 4,603.06 crore compared to Rs 4,447.15 crore in Q1 FY25, other income of the quarter stood at Rs 163.32 crore. Total expenses increased to Rs 3,323.70 crore from Rs 3,404.23 crore lakh in the same period last year, suggesting better cost control.
The company reported a profit before tax of ₹1,279.36 crore, slightly higher than Rs1,042.92 crore reported in Q1FY25.