BEL Q1 FY27 results at a glance
BHARAT ELECTRONICS LTD Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹5,547 cr |
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| Revenue YoY | +24.9% |
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| Operating profit | ₹1,228 cr |
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| Operating margin | 22.1% |
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| Net profit | ₹1,054 cr |
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| Net profit YoY | +8.7% |
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| Net profit QoQ | -52.6% |
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| Net margin | 19.0% |
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| Basic EPS | ₹1.44 |
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| TTM revenue | ₹27,365 cr |
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| TTM net profit | ₹5,829 cr |
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| TTM net margin | 21.3% |
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BEL Q1 FY27 results: what the numbers say
BHARAT ELECTRONICS LTD (BEL) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹5,547 cr and a net profit of ₹1,054 cr, translating into earnings per share of ₹1.44.
Compared with the same quarter a year earlier, revenue grew strongly by +24.9% and net profit grew by +8.7%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹1,228 cr, an operating margin of 22.1% versus 25.2% a year ago — a contraction of 3.0 percentage points.
BEL quarter-wise results table
Revenue
₹5,547 cr
+24.9% YoY
Net profit
₹1,054 cr
+8.7% YoY
Operating profit
₹1,228 cr
+9.9% YoY
BHARAT ELECTRONICS LTD (BEL) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹5,547 cr | ₹1,228 cr | ₹1,054 cr | 22.1% | 19.0% | ₹1.44 | +8.7% | -52.6% |
| Q4 FY262026-03-31 | ₹10,224 cr | ₹2,809 cr | ₹2,225 cr | 27.5% | 21.8% | ₹3.04 | +4.6% | +40.9% |
| Q3 FY262025-12-31 | ₹7,154 cr | ₹1,992 cr | ₹1,579 cr | 27.8% | 22.1% | ₹2.16 | — | +62.8% |
| Q1 FY262025-06-30 | ₹4,440 cr | ₹1,117 cr | ₹970 cr | 25.2% | 21.8% | ₹1.33 | — | -54.4% |
| Q4 FY252025-03-31 | ₹9,150 cr | ₹2,678 cr | ₹2,127 cr | 29.3% | 23.2% | ₹2.91 | — | — |
| TTM (last 4 quarters) | ₹27,365 cr | ₹7,146 cr | ₹5,829 cr | 26.1% | 21.3% | ₹7.97 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
BEL quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
BHARAT ELECTRONICS LTD quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹5,547 cr | ₹10,224 cr | ₹7,154 cr | ₹4,440 cr | ₹9,150 cr |
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| Total expenses | ₹4,319 cr | ₹7,416 cr | ₹5,162 cr | ₹3,322 cr | ₹6,471 cr |
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| Gross profit | ₹2,526 cr | ₹4,930 cr | ₹3,329 cr | ₹2,364 cr | ₹4,401 cr |
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| Operating profit (EBIT) | ₹1,228 cr | ₹2,809 cr | ₹1,992 cr | ₹1,117 cr | ₹2,678 cr |
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| Operating margin | 22.1% | 27.5% | 27.8% | 25.2% | 29.3% |
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| Interest cost | ₹1.16 cr | ₹1.61 cr | ₹2.03 cr | ₹1.44 cr | ₹5.86 cr |
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| Profit before tax | ₹1,396 cr | ₹2,917 cr | ₹2,128 cr | ₹1,279 cr | ₹2,867 cr |
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| Tax expense | ₹352 cr | ₹703 cr | ₹558 cr | ₹319 cr | ₹746 cr |
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| Effective tax rate | 25.2% | 24.1% | 26.2% | 24.9% | 26.0% |
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| Net profit (PAT) | ₹1,054 cr | ₹2,225 cr | ₹1,579 cr | ₹970 cr | ₹2,127 cr |
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| Net profit margin | 19.0% | 21.8% | 22.1% | 21.8% | 23.2% |
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| Basic EPS | ₹1.44 | ₹3.04 | ₹2.16 | ₹1.33 | ₹2.91 |
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| Diluted EPS | ₹1.44 | ₹3.04 | ₹2.16 | ₹1.33 | ₹2.91 |
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BEL results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | +24.9% | +11.7% | — | — | — |
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| Revenue QoQ | -45.7% | +42.9% | +61.1% | -51.5% | — |
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| Operating profit YoY | +9.9% | +4.9% | — | — | — |
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| Operating profit QoQ | -56.3% | +41.0% | +78.2% | -58.3% | — |
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| Net profit YoY | +8.7% | +4.6% | — | — | — |
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| Net profit QoQ | -52.6% | +40.9% | +62.8% | -54.4% | — |
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| EPS YoY | +8.3% | +4.5% | — | — | — |
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| EPS QoQ | -52.6% | +40.7% | +62.4% | -54.3% | — |
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BEL annual results history
Full-year performance for BHARAT ELECTRONICS LTD, useful for reading each quarter in context.
BHARAT ELECTRONICS LTD annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹26,796 cr | ₹23,117 cr | ₹19,905 cr | ₹17,404 cr |
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| Total expenses | ₹19,004 cr | ₹16,592 cr | ₹15,124 cr | ₹13,631 cr |
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| Gross profit | ₹12,759 cr | ₹10,923 cr | ₹9,326 cr | ₹7,567 cr |
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| Operating profit (EBIT) | ₹7,792 cr | ₹6,526 cr | ₹4,781 cr | ₹3,773 cr |
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| Operating margin | 29.1% | 28.2% | 24.0% | 21.7% |
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| Interest cost | ₹6.5 cr | ₹9.39 cr | ₹6.86 cr | ₹14.59 cr |
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| Profit before tax | ₹8,053 cr | ₹7,099 cr | ₹5,266 cr | ₹3,923 cr |
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| Tax expense | ₹2,029 cr | ₹1,812 cr | ₹1,323 cr | ₹983 cr |
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| Effective tax rate | 25.2% | 25.5% | 25.1% | 25.0% |
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| Net profit (PAT) | ₹6,062 cr | ₹5,321 cr | ₹3,985 cr | ₹2,984 cr |
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| Net profit margin | 22.6% | 23.0% | 20.0% | 17.1% |
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| Basic EPS | ₹8.29 | ₹7.28 | ₹5.45 | ₹4.09 |
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| Diluted EPS | ₹8.29 | ₹7.28 | ₹5.45 | ₹4.09 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹5,547 cr against ₹4,440 cr in Q1 FY26, and ₹10,224 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue declined -45.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹4,319 cr, or 77.9% of revenue, with operating profit grew +9.9% year on year.
Margins, tax and profitability
Net profit of ₹1,054 cr works out to a net margin of 19.0% compared with 21.8% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, BHARAT ELECTRONICS LTD reported profit before tax of ₹1,396 cr, a tax charge of ₹352 cr (effective rate 25.2%), interest cost of ₹1.16 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹2,225 cr in Q4 FY26 to ₹1,054 cr in Q1 FY27, a change of -52.6%.
Trailing twelve months and annual context
Across the trailing four quarters BHARAT ELECTRONICS LTD has generated revenue of ₹27,365 cr and net profit of ₹5,829 cr, a trailing net margin of 21.3%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹26,796 cr with net profit of ₹6,062 cr and EPS of ₹8.29, versus the prior year where revenue grew +15.9% and profit grew +13.9%.
What to watch in the next BEL quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
BHARAT ELECTRONICS LTD has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
BEL results coverage
No results report published for BEL yet — our desk covers each quarter within minutes of the filing.
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BEL quarterly results FAQs
What were BHARAT ELECTRONICS LTD (BEL) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), BHARAT ELECTRONICS LTD reported revenue of ₹5,547 cr and net profit of ₹1,054 cr, a change of +8.7% year on year on +24.9% revenue growth. EPS stood at ₹1.44.
What is BEL profit margin in Q1 FY27?
BHARAT ELECTRONICS LTD posted a net profit margin of 19.0% and an operating margin of 22.1% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹27,365 cr and net profit ₹5,829 cr.
Did BEL results beat the previous quarter?
BHARAT ELECTRONICS LTD net profit changed -52.6% quarter on quarter, from ₹2,225 cr in Q4 FY26 to ₹1,054 cr in Q1 FY27.
When are BHARAT ELECTRONICS LTD (BEL) quarterly results?
BHARAT ELECTRONICS LTD has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see BEL latest quarterly results?
Results coverage for BEL will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the BEL stock page.
What is BHARAT ELECTRONICS LTD annual revenue and profit?
For FY26, BHARAT ELECTRONICS LTD reported full-year revenue of ₹26,796 cr and net profit of ₹6,062 cr, with EPS of ₹8.29.
How many quarterly results has BEL declared recently?
Past results dates for BEL will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 11 Sept 2026. For information only, not investment advice.
