BHEL Q2 Net Profit Jumps 120 Percent as Revenue Rises

Bharat Heavy Electricals Limited reported a 120.1% year-on-year jump in consolidated net profit to ₹810 crore for the September quarter of FY27, driving its shares up 5% to a record high of ₹463.60 on the BSE.

Revenue from operations rose 23.8% to ₹9,300 crore, while operating EBITDA increased 76.6% to ₹1,026 crore and EBITDA margin expanded to 11% from 7.7% a year earlier.

The board approved a capital investment of ₹500 crore to establish new manufacturing facilities for thermal and nuclear sets at its Haridwar plant, alongside a unit merger effective November 1, 2026.