Bharat Electronics Q2 FY27 results: Net profit rises 20% YoY; order book stands at ₹68,717 crore

The company’s revenue from operations grew 26.5% to ₹7,328 crore in the July-September quarter as compared to ₹5,792 crore in the corresponding quarter of the previous fiscal year.

The country’s leading defence equipment maker reported stable operational performance in the September quarter, as its earnings before interest, taxes, depreciation and amortisation (EBITDA), also known as operating profit, advanced 20% to ₹2,041 crore as against ₹1,702 crore YoY.

BEL’s operating profit margin, however, contracted to 27.85% from 29.38% annually.

As of October 1, 2026, the Navratna defence PSU company’s order book stood at ₹68,717 crore.

As per the consolidated financial statements, BEL’s cost of materials surged 12% year-on-year (YoY) to ₹3,444 crore in the July-to-September quarter of the financial year 2026-27, from ₹3,014 crore in the same period a year earlier.

For half a year (H1 FY27), BEL’s net profit jumped to ₹2,595 crore as compared to ₹2,258 crore on a YoY basis, marking a growth of 15%. Its revenue from operations for H1 FY27 surged 26% to ₹12,875 crore as against ₹10,232 crore in H1 FY26.

BEL share price trends

On Friday, Bharat Electronics shares settled at ₹369.9 apiece on the National Stock Exchange, falling marginally 0.03%.

From the beginning of the year, BEL shares have declined 7%. Over a month’s time, the stock has fallen 5%, while for a six-month period, it has slipped 14%.

Shares of the firm had hit a 52-week high of ₹473.45 on March 6, 2026, and a 52-week low of ₹354.55 on October 23, 2026.

Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry of Defence. It manufactures electronic products and systems for the Army, Navy and the Air Force. BEL has also diversified into various areas like homeland security solutions, smart cities, e-governance solutions, space electronics, energy storage products, software solutions and more.

According to NSE data, as of October 30, 2026, BEL has a total market capitalisation of ₹2.70 lakh crore.