logo
appgoogle
MoneyWireEarnings Review: Bharat Electronics Q3 PAT up 21% YoY, beats Street view
Earnings Review

Bharat Electronics Q3 PAT up 21% YoY, beats Street view

This story was originally published at 15:56 IST on 28 January 2026
Register to read our real-time news.

Informist, Wednesday, Jan. 28, 2026

 

Please click here to read all liners published on this story
--Bharat Electronics Oct-Dec net profit INR 15.90 bln 
--Analysts saw Bharat Electronics Oct-Dec net profit at INR 14.46 bln 
--Bharat Electronics Oct-Dec revenue INR 71.22 bln 
--Analysts saw Bharat Electronics Oct-Dec revenue at INR 66.67 bln 
--Bharat Electronics Oct-Dec net profit INR 15.90 bln vs INR 13.16 bln yr ago 
--Bharat Electronics Apr-Dec net profit INR 38.45 bln vs INR 31.83 bln yr ago 
--Bharat Electronics Oct-Dec revenue INR 71.22 bln vs INR 57.56 bln year ago 
--Bharat Electronics Apr-Dec revenue INR 173.02 bln vs INR 145.38 bln year ago 
--Bharat Electronics order book INR 730.15 bln as on Jan 1 
--Bharat Electronics: Saw impact of INR 166.20 mln due to new labour codes

 

By Astha Oriel

 

MUMBAI – Bharat Electronics Ltd. Wednesday reported a double-digit increase in its top line and bottom line for the December quarter, beating analysts' consensus estimates. It was the 13th consecutive quarter of a year-on-year increase in the company's net profit and the 15th consecutive quarter of an increase in the company's net revenue.

 

The company's net profit for the December quarter was INR 15.90 billion, up nearly 21% on year and 24% on quarter. The net profit for the year-ago quarter was INR 13.16 billion. Analysts had estimated the company's net profit at INR 14.46 billion. The company received a deferred tax gain of INR 96.9 million for the December quarter. Without the deferred tax gain, the company's profit would have been INR 15.80 billion. Bharat Electronics also saw an impact of INR 166.20 million due to an increase in its gratuity obligations, prompted by the new labour codes.

 

The company's revenue from operations for the reporting quarter was INR 71.22 billion, up nearly 24% on year as well as on quarter. Analysts had estimated the company's net revenue at INR 66.67 billion. The company's order book was at INR 730.15 billion as of Jan. 1.

 

The company's total expenses for the December quarter rose 22% on year and nearly 23% on quarter to INR 51.34 billion. The rise in expenses was driven by a sharp uptick in the cost of raw materials, which accounted for nearly 80% of the company's total expenses for the three-month period. The cost of materials consumed in Oct-Dec was INR 40.94 billion, up 28% on year and nearly 37% on quarter.

 

The Navratna company's employee benefits expense for the quarter was INR 8.14 billion, up 22% on year and nearly 7% on quarter. Its other expenses, however, declined nearly 15% on year and nearly 21% on quarter to INR 3.79 billion. 

 

For Apr-Dec, the company's net profit was INR 38.45 billion, up nearly 21% on year. Its net revenue for the nine-month period was INR 173.02 billion, up 19% on year. 

 

Shares of Bharat Electronics closed nearly 9% higher Wednesday at INR 453 on the National Stock Exchange. The company released its earnings during market hours.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Rajeev Pai

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillinkprint

Related Stories

Premium Stories

Subscribe