Bharat Electronics Ltd (NSE: BEL), an Indian defence electronics firm listed on the National Stock Exchange and the Bombay Stock Exchange, closed at ₹453.00 on Wednesday, up approximately 8.9% from the previous session, according to exchange data. The stock’s intraday range spanned from ₹417.30 to ₹457.50, reflecting broad upside movement in active trade.
Market Capitalization
BEL’s market capitalization stood near ₹3.31 trillion as of the latest trading session, based on share price and outstanding equity.
Latest Quarterly Results
In the third quarter of fiscal year 2026 (ended Dec. 31, 2025), Bharat Electronics reported consolidated financial results showing:
- Revenue from operations: ₹7,153.85 crore, up about 23.96% year-on-year.
- Net profit after tax: ₹1,590.06 crore.
Quarterly segment disclosures in the official Q3 filing did not separately itemize defence product categories such as radar, avionics, communication systems or others in publicly available summaries; detailed segment breakdowns will be available in the full corporate release.
Full-Year Results Context
BEL’s most recent audited annual results for fiscal year 2025 reported a continuation of revenue and profit growth trends seen in earlier quarters of FY25. Total full-year revenue and net income figures confirmed year-over-year growth for that fiscal period, reflecting sustained defence demand and execution of order backlog.
Business & Operations Update
Bharat Electronics continues to execute large defence contracts, including radar systems, communication equipment and electronic warfare products for the Indian armed forces and allied services. Order book levels remain elevated, supporting ongoing production and deliveries, though the company has not issued updated segment order values in this release.
M&A or Strategic Moves
There were no announced mergers, acquisitions or strategic tie-ups disclosed alongside the Q3 results for BEL at the time of reporting.
Equity Analyst Commentary
Institutional research noted BEL’s quarterly performance metrics, pointing to year-on-year increases in revenue and profit. Analysts highlighted execution of defence contracts and order backlog as fundamental drivers, without providing price targets or recommendations.
Guidance & Outlook
The company has not issued forward earnings forecasts for the remainder of FY26 in its results announcement. Market observers will focus on commentary from the upcoming investor call on management’s outlook for order conversion and deliveries.
Performance Summary
BEL’s stock rose sharply on the day of the Q3 earnings release. The company reported notable year-over-year increases in both revenue and net profit for the quarter ended Dec. 31, 2025. Operational updates underline continued execution on defence contracts. Market and analyst attention now shifts to management commentary and future order inflows.
