Bharat Electronics Q3 FY26 results: Net profit rises 20%, revenue increases to 24%; shares hit 52-week high

Bharat Electronics Limited (BEL) reported a consolidated net profit of ₹1,579 crore on Wednesday, January 28, for the third quarter of the current financial year, marking an increase of 20.4% from ₹1,311 crore in the same period last year.

The company's revenue from operations grew 24% to ₹7,154 crore in the October-December quarter (Q3 FY26) as compared to ₹5,771 crore in the corresponding quarter of the previous fiscal year.

Up to Q3 of FY 2025-26, BEL said it has achieved revenue from operations of ₹17,302.46 crore as against ₹14,538.30 crore recorded in the corresponding period of the previous year. In the same period, the firm’s Profit After Tax (PAT) stood at ₹3,845.32 crore as compared to ₹3,183.47 crore in the same period of the previous year.

The country's leading defence equipment maker reported stable operational performance in the December quarter, as its earnings before interest, taxes, depreciation and amortisation (EBITDA), also known as operating profit, advanced 27.3% to ₹2,127 crore as against ₹1,670 crore.

BEL’s operating profit margin expanded to 29.7% year-on-year in contrast to 28.9%.

The order book position of Bharat Electronics as of January 1, 2026, stood at ₹73,015 crore, the company said.

Last week, the firm had bagged additional orders worth ₹610 crore since the last disclosure on Jan 8, 2026.

On January 1, the company had secured an additional order worth ₹569 crore. Earlier, on December 29, 2025, BEL had bagged major orders spanning radars, tank overhauls, communication equipment, fire control systems, simulators, antenna stabilisation systems, security software, components, upgrades, spares and related services.

On Wednesday, BEL shares settled at ₹454.25 apiece on the National Stock Exchange, surging 9.21%. The stock had hit a 52-week high of ₹457.50 during the session after the company shared its December quarter earnings.

In a month, shares of the firm have rallied 15.5%, while for six months’ time, they have surged 17%. On a year-on-year basis, BEL shares have zoomed over 76%. The company has a market capitalisation of ₹3.32 lakh crore.