BHEL Net Profit Soars 119% to ₹821 Crore in September Quarter; Revenue Jumps 24% – Indian PSU
Bharat Heavy Electricals Limited (BHEL), the state-owned Maharatna engineering and manufacturing company, has reported a 119% year-on-year jump in consolidated net profit to ₹820.94 crore for the second quarter of FY 2026-27, driven by higher revenue from its power and industry businesses.
BHEL had posted a consolidated net profit of ₹374.89 crore in the corresponding quarter of the previous financial year. The company’s consolidated revenue from operations rose 23.81% to ₹9,300.35 crore in the quarter ended September 30, 2026, compared with ₹7,511.80 crore a year earlier.
The strong quarterly performance marks a substantial improvement in the company’s profitability, with growth in its principal business segments contributing to higher earnings.
Total Income Rises to ₹9,553 Crore
BHEL’s consolidated total income increased 24.3% year-on-year to ₹9,553.01 crore in the September quarter, compared with ₹7,686.41 crore in the corresponding period last year.
The company’s consolidated net profit also recorded a sharp sequential increase from ₹376.71 crore in the June quarter of FY27 to ₹820.94 crore in the September quarter.
Total expenses rose to ₹8,482.40 crore from ₹7,201.54 crore in the year-ago quarter, reflecting the higher scale of business activity.
Power and Industry Businesses Drive Growth
BHEL’s power and industry segments both recorded higher revenue during the quarter.
Revenue from the power business increased to ₹6,637.90 crore from ₹5,675.64 crore in the September quarter of the previous financial year. The industry segment generated revenue of ₹2,662.45 crore, compared with ₹1,836.16 crore a year earlier.
The growth across both segments highlights the contribution of BHEL’s core engineering and manufacturing operations to its improved financial performance.
Stronger Quarterly Performance
BHEL’s September-quarter results reflect a significant improvement in earnings over the corresponding period last year as well as the preceding quarter.
The company, a key supplier of equipment and engineering solutions for India’s power and infrastructure sectors, operates across areas including power generation equipment, industrial systems, transportation, defence and other strategic sectors.
