Bharat Electronics bags additional orders worth ₹619 crore since November 6
BEL has received additional orders worth ₹619 crore since its previous disclosure on November 6. The orders include communication equipment, drones, electro-optics, laser range finders, components, upgrades, spares and services.
Navratna defence public sector undertaking Bharat Electronics Ltd on Friday said it has secured additional orders worth ₹619 crore since its last disclosure on November 6.The orders cover communication equipment, drones, electro-optics, laser range finders, components, upgrades, spares and services, Bharat Electronics Ltd said.Second Quarter ResultsBharat Electronics reported a 19.8% year-on-year rise in standalone profit after tax to ₹1,541 crore for the second quarter ended September 30, beating market expectations.ALSO READ | BEL bags ₹572 crore fresh orders for defence systems, communication equipment and servicesThe company had posted a standalone net profit of ₹1,286 crore in the corresponding period of the previous fiscal year. A CNBC-TV18 poll of analysts had projected the PSU major's second-quarter net profit at ₹1,380 crore.Revenue from operations jumped 26.5% year-on-year to ₹7,291 crore compared to ₹5,764 crore in Q2 FY26, comfortably surpassing the CNBC-TV18 poll estimate of ₹6,618 crore.Operating profit before interest, tax, depreciation, and amortisation rose 20.4% year-on-year to ₹2,040 crore from ₹1,695 crore in the year-ago period, above street estimates of ₹1,820 crore. Operating EBITDA margin contracted by 140 basis points to 28% compared to 29.4% reported in Q2 FY26, but came in ahead of the CNBC-TV18 poll estimate of 27.5%.ALSO READ | Defence Ministry signs ₹770 crore radar procurement contract with BELOn a consolidated basis, revenue from operations stood at ₹7,328 crore with a consolidated net profit of ₹1,540.4 crore , up from ₹1,287.2 crore in Q2 FY26.The defence equipment manufacturer’s total order book position as of October 1, 2026, stood at ₹68,717 crore. The company stated that it evaluated existing contracts and agreements with Israel-based entities in light of ongoing regional conflicts and found no material financial impact as of the reporting date.Shares of Bharat Electronics Ltd ended at ₹401.00, down by ₹6.50, or 1.60%, on the BSE.ALSO READ | BEL bags ₹730 crore in fresh orders for radars, avionics, cyber security and more
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