Bharat Electronics Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

7,153.85

5,792.09

4,439.74

9,149.59

5,770.69

4,604.90

4,243.57

Other Operating Income

0.00

Total Operating income

7,153.85

5,792.09

4,439.74

9,149.59

5,770.69

4,604.90

4,243.57

Raw Material Cost

4,112.70

3,014.20

1,960.84

4,429.14

3,176.40

2,416.14

2,556.50

Purchase of Finished goods

166.90

103.70

99.15

174.46

103.82

85.25

66.88

(Increase) / Decrease In Stocks

-455.10

-279.35

16.09

145.33

-298.87

-359.54

-308.28

Employee Cost

819.88

767.77

696.48

766.08

671.97

656.01

666.57

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

382.23

483.60

428.91

818.52

447.88

407.09

313.70

Total Expenditure (Excl Depreciation)

5,026.61

4,089.92

3,201.47

6,333.53

4,101.20

3,204.95

3,295.37

Operating Profit (PBDIT) excl Other Income

2,127.24

1,702.17

1,238.27

2,816.06

1,669.49

1,399.95

948.20

Other Income

138.54

153.92

163.32

194.64

186.38

157.76

203.58

Operating Profit (PBDIT)

2,265.78

1,856.09

1,401.59

3,010.70

1,855.87

1,557.71

1,151.78

Interest

2.03

1.65

1.44

5.86

1.32

1.18

Exceptional Items

0.00

Gross Profit (PBDT)

2,263.75

1,854.44

1,400.15

3,004.84

1,854.55

1,556.39

1,150.60

Depreciation

135.44

126.49

120.79

137.58

110.93

111.19

107.68

Profit Before Tax

2,128.31

1,727.95

1,279.36

2,867.26

1,743.62

1,445.20

1,042.92

Tax

558.12

449.53

318.69

746.25

442.35

361.32

261.93

Provisions and contingencies

0.00

Profit After Tax

1,570.19

1,278.42

960.67

2,121.01

1,301.27

1,083.88

780.99

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,570.19

1,278.42

960.67

2,121.01

1,301.27

1,083.88

780.99

Share in Profit of Associates

9.51

8.74

8.38

6.01

10.33

8.90

10.29

Minority Interest

0.60

-0.61

-0.86

-0.02

0.65

0.33

0.28

Other related items

0.00

Consolidated Net Profit

1,579.10

1,287.77

969.91

2,127.04

1,310.95

1,092.45

791.00

Equity Capital

730.98

Face Value

1.0

Reserves

0.00

16,929.38

0.00

Earnings per share (EPS)

2.16

1.76

1.33

2.91

1.79

1.49

1.08

Diluted Earnings per share

2.16

1.76

1.33

2.91

1.79

1.5

1.08

Operating Profit Margin (Excl OI)

29.74%

29.39%

27.89%

30.78%

28.93%

30.4%

22.34%

Gross Profit Margin

31.64%

32.02%

31.54%

32.84%

32.14%

33.8%

27.11%

PAT Margin

21.95%

22.07%

21.64%

23.18%

22.55%

23.54%

18.4%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Dec 2025 is 23.97% vs 38.65% in Dec 2024

Consolidate Net Profit

YoY Growth in quarter ended Dec 2025 is 20.45% vs 52.51% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Dec 2025 is 27.42% vs 55.66% in Dec 2024

Interest

YoY Growth in quarter ended Dec 2025 is 53.79% vs 158.82% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024

Compare Quarterly Results Of Bharat Electron With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

7,153.85

6,628.61

525.24

7.92%

Other Operating Income

0.00

Total Operating income

7,153.85

6,628.61

525.24

7.92%

Raw Material Cost

4,112.70

4,068.79

43.91

1.08%

Purchase of Finished goods

166.90

117.50

49.40

42.04%

(Increase) / Decrease In Stocks

-455.10

-1,273.31

818.21

64.26%

Employee Cost

819.88

1,334.46

-514.58

-38.56%

Power Cost

0.00

Manufacturing Expenses

0.00

125.02

-125.02

-100.00%

Selling and Distribution Expenses

0.00

Other Expenses

382.23

698.26

-316.03

-45.26%

Total Expenditure (Excl Depreciation)

5,026.61

5,070.72

-44.11

-0.87%

Operating Profit (PBDIT) excl Other Income

2,127.24

1,557.89

569.35

36.55%

Other Income

138.54

887.67

-749.13

-84.39%

Operating Profit (PBDIT)

2,265.78

2,445.56

-179.78

-7.35%

Interest

2.03

0.36

1.67

463.89%

Exceptional Items

0.00

Gross Profit (PBDT)

2,263.75

2,445.20

-181.45

-7.42%

Depreciation

135.44

225.56

-90.12

-39.95%

Profit Before Tax

2,128.31

2,226.98

-98.67

-4.43%

Tax

558.12

557.93

0.19

0.03%

Provisions and contingencies

0.00

Profit After Tax

1,570.19

1,661.71

-91.52

-5.51%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,570.19

1,661.71

-91.52

-5.51%

Share in Profit of Associates

9.51

7.34

2.17

29.56%

Minority Interest

0.60

-0.02

0.62

3,100.00%

Other related items

0.00

Consolidated Net Profit

1,579.10

1,669.07

-89.97

-5.39%

Equity Capital

730.98

334.39

396.59

118.60%

Face Value

1.00

5.00

0.00

Reserves

0.00

Earnings per share (EPS)

2.16

24.96

-22.80

-91.35%

Diluted Earnings per share

2.16

24.96

-22.80

-91.35%

Operating Profit Margin (Excl OI)

29.74%

23.50%

0.00

6.24%

Gross Profit Margin

31.64%

36.89%

0.00

-5.25%

PAT Margin

21.95%

25.18%

0.00

-3.23%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 7,153.85 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 23.51% vs 30.46% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 23.97% vs 38.65% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 1,579.10 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 22.62% vs 32.77% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 20.45% vs 52.51% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 2,127.24 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 24.97% vs 37.46% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 27.42% vs 55.66% in Dec 2024

Quarterly - Interest

Interest 2.03 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 23.03% vs 14.58% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 53.79% vs 158.82% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 29.74%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has improved from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024