Bharat Electronics' Q4 FY 2025-26 Quarterly Results

Result Summary

• Bharat Electronics Ltd reported a 41.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.6%.
• Its expenses for the quarter were up by 43.6% QoQ and 14.5% YoY.
• The net profit increased 40.9% QoQ and increased 4.7% YoY.
• The earnings per share (EPS) of Bharat Electronics Ltd stood at 3.04 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bharat Electronics Ltd (BEL) is a leading aerospace and defense electronics company based in India. It primarily operates in the defense sector, providing a wide range of products and services such as radars, electronic warfare systems, avionics, and communication systems. The company is known for its contributions to defense electronics and is a key supplier to the Indian Armed Forces. BEL has a strong presence in the defense industry and continues to expand its capabilities and offerings in domestic and international markets. Recent developments include efforts to enhance digital transformation and innovation in its product lines to cater to evolving defense technology needs.

Revenue

In Q4FY26, Bharat Electronics Ltd reported a total income of ₹10,334.68 crores, marking a significant increase compared to both the previous quarter (Q3FY26) and the same quarter of the previous year (Q4FY25). The quarter-over-quarter (QoQ) growth was 41.7%, rising from ₹7,292.39 crores in Q3FY26. Year-over-year (YoY), the total income grew by 10.6% from ₹9,344.23 crores in Q4FY25. This growth in revenue is indicative of the company's ability to generate higher sales or receive additional income streams during this period.

Profitability

The profitability of Bharat Electronics Ltd showed a positive trend in Q4FY26. The company recorded a profit before tax of ₹2,917.34 crores, which is a 37.1% increase QoQ compared to ₹2,128.31 crores in Q3FY26. On a YoY basis, profit before tax saw a slight increase of 1.7% from ₹2,867.26 crores in Q4FY25. The profit after tax for Q4FY26 was ₹2,226.35 crores, reflecting a 40.9% QoQ growth from ₹1,579.70 crores in Q3FY26, and a 4.7% growth YoY from ₹2,127.02 crores in Q4FY25. Earnings per share (EPS) also improved to ₹3.04 in Q4FY26, up by 40.7% QoQ and 4.5% YoY.

Operating Metrics

Total expenses for Bharat Electronics Ltd in Q4FY26 were ₹7,417.34 crores, representing a 43.6% increase QoQ from ₹5,164.08 crores in Q3FY26, and a 14.5% increase YoY from ₹6,476.97 crores in Q4FY25. The tax expense in Q4FY26 was ₹703.15 crores, which is 26.0% higher QoQ than ₹558.12 crores in Q3FY26, but 5.8% lower YoY compared to ₹746.25 crores in Q4FY25. These operational metrics illustrate the company's expenditure patterns during the quarter. The rise in expenses is consistent with the growth in revenue, suggesting increased operational activities to support business expansion.