Bharat Electronics Q1 Results: Net profit jumps 23% to Rs 970 crore, beats estimate

Navratna defence PSU company Bharat Electronics (BEL) on July 28 reported a net profit of Rs 970 crore for the first quarter (April-June) of the financial year 2026. This marks a 22.6 percent on-year jump from the Rs 791 crore net profit reported in the corresponding quarter of the previous financial year.

The firm's net profit is higher than the Rs 925 crore estimated on an average by brokerages polled by Moneycontrol. Net profit however declined more than 54 percent sequentially from the Rs 2,127 crore reported in the previous quarter (January-March).

The defence firm’s revenue from operations meanwhile rose 5 percent on-year to Rs 4,439.74 crore during Q1 FY26. It had earlier reported revenue from operations at Rs 4,243.57 crore in Q1 FY25. Sequentially, it however fell over 51 percent QoQ from the Rs 9,149.59 crore reported in Q4 FY25. The firm's revenue is lower than the MC poll estimate of Rs 4,708 crore.

The firm said that its order book position stood at Rs 74,859 crore as on July 1, 2025. Its EPS improved on-year to Rs 1.33 per share in Q1 FY26, but declined sequentially from Rs 2.91 per share which was reported in Q1 FY25.