9 stories mentioning NSE:BELUpdated 5d ago
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Bharat Electronics (NSE:BEL, BOM:500049) reported an increase in attributable net profit in the fiscal first quarter to 10.5 billion rupees from 9.69 billion rupees a year earlier, according to a Tuesday filing on the local bourses.Earnings per share rose to 1.44 rupees from 1.33 rupees.Revenue from operations in the quarter ended June 30 increased 25.3% to 55.3 billion rupees from 44.2 billion rupees.
Bharat Electronics (NSE:BEL, BOM:500049) reported an 8.7% year-over-year increase in attributable net profit in the fiscal first quarter, which executives attributed to the execution of its defense electronics programs.Attributable net profit rose to 10.5 billion rupees from 9.70 billion rupees a year earlier, according to a filing with the Indian stock exchanges on Monday.Earnings per share in the quarter ended June 30 climbed to 1.44 rupees from 1.33 rupees.The Indian state-run defense electronics maker posted a 25.3% year-over-year jump in revenue to 55.3 billion rupees from 44.2 billion rupees.During an earnings call, Bharat Electronics Chairman and Managing Director Manoj Jain told analysts that revenue growth was in line with the company's expectations.Jain also noted that the long-awaited Quick Reaction Surface-to-Air Missile (QRSAM) is on track to materialize by September, according to a transcript of the earnings call published by Investing.com.QRSAM is a mobile air defense system jointly developed with India's Defense Research & Development Organization and Bharat Dynamics (NSE:BDL, BOM:541143) for the Indian Army.The company expects QRSAM to contribute 300 billion rupees to its order book.As of July 1, the company's order pipeline stood at 722.6 billion rupees, according to its earnings report. In the first quarter alone, the company secured 37.5 billion rupees worth of orders, Jain said during the call.The company reaffirmed its full-year targets for fiscal 2026-2027, with revenue growth of 15%, an EBITDA margin of 28%, order inflows of 550 billion rupees, research and development spending of 22 billion rupees and capital expenditure above 12 billion rupees, Jain added.
Bharat Electronics (NSE:BEL, BOM:500049) has secured additional orders worth 10.8 billion Indian rupees within one month, according to a filing to the Indian stock exchanges on Monday.Major orders received since May 25 include communication equipment, radars, CBRN protection systems, seekers, avionics, upgrades, spares, and services, among others.
Avantel (BOM:532406) has secured an order worth 19.2 million Indian rupees from Bharat Electronics (NSE:BEL, BOM:500049), according to a BSE filing on Friday.The contract for the supply of power amplifiers is an addition to Bharat Electronics' existing order value of 110.4 million rupees.The project is expected to be completed by September.The company's shares were up over 2% in recent trade.
Bharat Electronics (NSE:BEL, BOM:500049) reported an increase in attributable consolidated profit to 22.3 billion Indian rupees in the fiscal fourth quarter ended March 31 from 21.3 billion rupees a year ago, according to a Monday filing on the local bourses.Earnings per share rose to 3.04 rupees from 2.91 rupees in the previous year's quarter.Revenue from operations in fiscal Q4 increased year over year to 102.2 billion rupees from 91.5 billion rupees.The company recommended a final dividend of 0.55 rupees per share for the financial year 2025-26.
Avantel (NSE:AVANTEL, BOM:532406) received an upsized order from Bharat Electronics (NSE:BEL, BOM:500049) for the supply of power amplifiers.The amendment adds an order value of 30.1 million rupees to the earlier contract of 80.3 million rupees and will be executed by July, the Tuesday filing said.
Bharat Electronics (NSE:BEL, BOM:500049) secured an order worth 12.5 billion Indian rupees from India's Ministry of Defense for the supply of a ground-based electronic warfare system to the Indian Army, according to a Tuesday filing.The system has been designed and developed by Defence Electronics Research Laboratory, Hyderabad, and will be manufactured by the company, the filing said.The warfare system is intended for the detection, classification and analysis of radar and communication signals, the company said.
Bharat Electronics (NSE:BEL, BOM:500049) has secured orders worth 5.69 billion Indian rupees at the start of the financial year 2026-27, according to a Wednesday filing on Indian bourses.The orders include avionics, electronic warfare systems, high energy lasers, communication systems, tank subsystems and related services, the filing said.
