The newly secured contracts include a range of defence and strategic equipment such as radars, communication systems, electronic voting machines (EVMs), jammers, shelters, control centres, spares, and related services.
Bharat Electronics reported an 18.4% year-on-year (YoY) increase in net profit at ₹2,127 crore for the fourth quarter over ₹1,797 crore in Q4FY24, beating estimates. The CNBC-TV18 poll had predicted a profit of ₹1,813 crore.
Also Read: BEL bags fresh ₹585-crore defence orders; total tally nears ₹3,500 crore in June
Revenue from operations was also better than expected, rising 6.8% to ₹9,149.6 crore from ₹8,564 crore a year ago. The CNBC-TV18 poll had predicted revenue of ₹9,047 crore for the quarter under review.
At the operating level, EBITDA climbed 23.2% YoY to ₹2,816 crore over ₹2,286 crore, well above the CNBC-TV18 poll prediction of ₹2,313 crore. The EBITDA margin expanded significantly to 30.8% versus 26.7% in the corresponding period of the previous fiscal. The CNBC-TV18 poll had predicted a margin of 25.6% for the quarter under review.
The Navratna PSU reported a turnover of ₹8,850.42 crore for the fourth quarter of FY25, up from ₹8,335.01 crore last year. For the full financial year 2024-25, BEL recorded a turnover of ₹23,024.10 crore, reflecting a YoY growth of 16.17% compared to ₹19,819.93 crore in FY24.
Also Read: BEL secures new orders worth ₹1,385 crore, FY25 order book reaches ₹18,415 crore
Shares of Bharat Electronics Limited Ltd, ended at ₹421.70, up by ₹6.75, or 1.63%, on the BSE.
