Business · India Bureau
BHEL's Q2 profit more than doubles on strong power, industry demand
Bharat Heavy Electricals Limited reported consolidated net profit of ₹820.94 crore for the September quarter, more than double the year-ago figure, as India's largest energy and infrastructure manufacturer benefited from robust performance across its key business segments.
LSN India ·
State-owned BHEL on Wednesday announced its second-quarter results for FY27, posting a sharp improvement in profitability driven by higher revenues from its power and industrial businesses. The company's consolidated net profit surged to ₹820.94 crore in the July-September period, compared to ₹374.89 crore in the same quarter of the previous financial year.
Total income for the quarter climbed 24 per cent year-on-year to ₹9,553.01 crore from ₹7,686.11 crore, reflecting strong demand across the company's portfolio. Revenue from the power segment reached ₹6,637.90 crore, up from ₹5,675.64 crore a year earlier, while the industry vertical generated ₹2,662.45 crore against ₹1,836.16 crore previously.
Operating expenses increased to ₹8,482.40 crore during the quarter from ₹7,201.54 crore in the year-ago period, though the company maintained better cost management relative to its revenue growth. BHEL, India's premier engineering and manufacturing enterprise in the energy and infrastructure sectors, continues to benefit from sustained investments in power generation and industrial infrastructure across the country.