BHELBharat Heavy Electricals (BHEL)

BHEL's September-quarter profit more than doubles to ₹810 crore; ₹500 crore plant approved

BHEL reported a September-quarter net profit of ₹810 crore against ₹368 crore a year earlier, and its board approved about ₹500 crore for new thermal and nuclear manufacturing facilities at Haridwar.

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What happened

  • BHEL reported a net profit of ₹810 crore for the September 2026 quarter, against ₹368 crore a year earlier, according to Upstox and Kotak Neo. HDFC Sky and Angel One gave a different figure, ₹820.94 crore against ₹374.89 crore, which HDFC Sky described as consolidated.
  • Kotak Neo reported revenue from operations of ₹9,300 crore, up 23.8% from ₹7,511 crore. HDFC Sky and Angel One put total income at ₹9,553.01 crore, up 24%.
  • EBITDA was ₹1,026 crore against ₹581 crore, with the margin at 11% against 7.7%, Kotak Neo said. Angel One reported a net profit of ₹1,197.65 crore for the first half of FY27 against a net loss of ₹80.61 crore in the same half last year.
  • The board approved a capital investment of about ₹500 crore for additional facilities to make thermal and nuclear sets at the Heavy Electrical Equipment Plant in Haridwar. It also approved merging the Electrical Machines Repair Plant in Mumbai into the Electronics Division in Bengaluru from 1 November 2026, Upstox and Kotak Neo reported.
  • The shares closed at ₹464 on Kite data, up 4.89% from ₹442.35.

Why it matters

Good to know: EBITDA is profit before interest, tax, depreciation and amortisation. The two profit figures in the reports may reflect different bases; the company's results filing is the reference.

Key facts

Net profit (Upstox, Kotak Neo)
₹810 crore (₹368 crore a year earlier)
Net profit (HDFC Sky, Angel One)
₹820.94 crore (₹374.89 crore)
Revenue from operations
₹9,300 crore (₹7,511 crore)
EBITDA
₹1,026 crore (₹581 crore)
Haridwar investment approved
About ₹500 crore

Read the source

This is a summary of public news about Bharat Heavy Electricals (BHEL), for information only. It is not a recommendation to buy, sell or hold BHEL.

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