New Delhi: Bharat Electronics Limited (BEL), a Navratna defence public sector undertaking under the Ministry of Defence, has reported strong financial results for the second quarter and first half of FY 2026-27, reflecting sustained growth in revenue and profitability.
The company recorded a standalone Profit After Tax (PAT) of ₹1,541 crore in Q2 FY27, compared with ₹1,286 crore in the corresponding quarter of the previous financial year, registering a year-on-year growth of 19.8%.
For the first half of FY27, BEL’s standalone PAT increased to ₹2,589 crore from ₹2,255 crore in H1 FY26, marking a growth of 14.81%.
BEL Q2 FY27 Revenue Rises 26.5% to ₹7,291 Crore
BEL’s revenue from operations for Q2 FY27 stood at ₹7,291 crore, compared with ₹5,764 crore in Q2 FY26, registering a growth of 26.5%.
The company’s Profit Before Tax (PBT) also recorded an improvement, increasing to ₹2,064 crore during the quarter from ₹1,734 crore in the corresponding period last year, reflecting a growth of 19%.
For the half-year ended September 30, 2026, BEL reported revenue from operations of ₹12,824 crore, compared with ₹10,180 crore in H1 FY26, registering a growth of 25.97%.
The company’s standalone PBT for H1 FY27 stood at ₹3,467 crore, against ₹3,024 crore in the corresponding period of the previous financial year, marking an increase of 14.65%.
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BEL Q2 and H1 FY27 Financial Performance
The key financial highlights of BEL for the second quarter and first half of FY27 are as follows:
Q2 FY27 Performance:
- Revenue from Operations: ₹7,291 crore, compared with ₹5,764 crore in Q2 FY26, up 26.5%.
- Profit Before Tax (PBT): ₹2,064 crore, against ₹1,734 crore, up 19%.
- Profit After Tax (PAT): ₹1,541 crore, compared with ₹1,286 crore, up 19.8%.
H1 FY27 Performance:
- Revenue from Operations: ₹12,824 crore, against ₹10,180 crore in H1 FY26, up 25.97%.
- Profit Before Tax (PBT): ₹3,467 crore, compared with ₹3,024 crore, up 14.65%.
- Profit After Tax (PAT): ₹2,589 crore, against ₹2,255 crore, up 14.81%.
BEL Consolidated Net Profit Reaches ₹2,594.90 Crore in H1 FY27
On a consolidated basis, BEL recorded a net profit of ₹2,594.90 crore for the half-year ended September 30, 2026, compared with ₹2,256.21 crore in the corresponding period of the previous financial year.
Consolidated revenue from operations for H1 FY27 stood at ₹12,874.70 crore, compared with ₹10,231.83 crore in H1 FY26, indicating continued growth in the company’s overall business performance.
The company’s total consolidated expenses for the quarter ended September 30, 2026, stood at ₹5,460.74 crore. This compares with ₹4,320.29 crore in the quarter ended June 30, 2026, and ₹4,218.06 crore in the corresponding quarter of the previous financial year.
BEL Order Book Stands at ₹68,717 Crore
BEL’s order book stood at ₹68,717 crore as of October 1, 2026, providing strong visibility for its future business operations and revenue generation.
The company witnessed double-digit growth in both revenue and profitability during Q2 FY27. The performance reflects its continued execution of defence and non-defence orders, operational efficiency and sustained demand for its range of electronic systems and products.
The strong order book further supports the company’s business outlook and provides a healthy pipeline of projects for the coming quarters.
BEL Board Approves Q2 and H1 FY27 Financial Results
The Board of Directors of Bharat Electronics Limited approved the financial results for Q2 and H1 FY27 at its meeting held on October 30, 2026.
The meeting commenced at 2:00 PM and concluded at 4:40 PM.
The Limited Review Reports issued by the Statutory Auditors for both standalone and consolidated financial results carried an unmodified conclusion.
About Bharat Electronics Limited (BEL)
Bharat Electronics Limited (BEL) is a Navratna public sector undertaking under the Ministry of Defence, Government of India. Headquartered in Bengaluru, the company manufactures a wide range of electronic products and systems for defence and other strategic sectors. Its portfolio includes defence electronics, radar systems, communication equipment, electronic warfare systems and other advanced technologies that support India’s defence capabilities.
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