Results - Announcements
Bharat Electronics Ltd share price ticked higher by 2.27% to Rs 372.0. The Company's net profit tanked by 52.85% to Rs 1043.9 crore, while revenue from operations dropped sharply 45.75% to Rs 5546.98 crore in Q2FY26 over Q1FY26.
The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.36 lakh crore, plunging by 31.36%. It has marginally improved by 3.68% over last one week and crept higher by 0.22% in last one month while the market capitalization of Bharat Electronics Ltd has improved by 3.30% and 4.07% in the same period respectively.
Profit before tax (PBT) of Bharat Electronics Ltd stood at Rs 1396.25 crore in Q2 FY26, easing 9.14% year-on-year, and tumbling by 52.14% quarter-on-quarter. EBITDA came in at Rs 1219 crore, improving 13.39% YoY and nosediving by 57.55% sequentially.
Total expenses saw a steep drop of 41.76% to Rs 4319.13 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3041.23 crore, registering a fall of 36.56% YoY, while employee benefits expense was at Rs 792.84 crore, seeing a marginal contraction of 4.64% YoY.
For the TTM ended FY26, revenue from operations rose 16.16% to Rs 27610.11 crore, while net profit expanded by 13.93% to Rs 6023.47 crore, compared to previous TTM. EBITDA jumped by 617863% to Rs 7483.3 crore, and PBT registered a growth of 13.44% to Rs 8052.96 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1541.37 crore in FY26, as against Rs 586.62 crore in FY25.
Bharat Electronics Ltd crashed 8.66% in last one year, outperforming the benchmark BSE Sensex which has declined by 12.76% during the same period.