Bharat Electronics bags additional orders worth ₹619 crore since November 6
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Bharat Electronics bags additional orders worth ₹619 crore since November 6 - Published OnNov 13, 2026 | 23:17 IST - Last Updated OnNov 13, 2026 | 23:17 IST The defence manufacturer saw its quarterly net profit climb significantly past market expectations alongside a sharp jump in operating revenue, fueled by steady inflows of communication and tactical equipment contracts. Discover how management assesses potential financial risks from its ongoing agreements with regional entities. Navratna defence public sector undertaking Bharat Electronics Ltd (BEL) on Friday (November 13) said it has secured additional orders worth ₹619 crore since its last disclosure on November 6. The orders cover communication equipment, drones, electro-optics, laser range finders, components, upgrades, spares and services, Bharat Electronics Ltd said. Second Quarter Results Bharat Electronics reported a 19.8% year-on-year rise in standalone profit after tax to ₹1,541 crore for the second quarter ended September 30, beating market expectations. ALSO READ | BEL bags ₹572 crore fresh orders for defence systems, communication equipment and services The company had posted a standalone net profit of ₹1,286 crore in the corresponding period of the previous fiscal year. A CNBC-TV18 poll of analysts had projected the PSU major's second-quarter net profit at ₹1,380 crore. Revenue from operations jumped 26.5% year-on-year to ₹7,291 crore compared to ₹5,764 crore in Q2 FY26, comfortably surpassing the CNBC-TV18 poll estimate of ₹6,618 crore. Operating profit before interest, tax, depreciation, and amortisation (EBITDA) rose 20.4% year-on-year to ₹2,040 crore from ₹1,695 crore in the year-ago period, above street estimates of ₹1,820 crore. Operating EBITDA margin contracted by 140 basis points to 28% compared to 29.4% reported in Q2 FY26, but came in ahead of the CNBC-TV18 poll estimate of 27.5%. ALSO READ | Defence Ministry signs ₹770 crore radar procurement contract with BEL On a consolidated basis, revenue from operations stood at ₹7,328 crore (₹7,32,772 lakh) with a consolidated net profit of ₹1,540.4 crore (₹1,54,037 lakh), up from ₹1,287.2 crore in Q2 FY26. The defence equipment manufacturer’s total order book position as of October 1, 2026, stood at ₹68,717 crore. The company stated that it evaluated existing contracts and agreements with Israel-based entities in light of ongoing regional conflicts and found no material financial impact as of the reporting date. Shares of Bharat Electronics Ltd ended at ₹401.00, down by ₹6.50, or 1.60%, on the BSE. ALSO READ | BEL bags ₹730 crore in fresh orders for radars, avionics, cyber security and more
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