Bharat Heavy Electricals (BHEL) on Thursday reported a consolidated net profit of nearly Rs 377 crore for the April-June quarter of the financial year 2027, compared to a net loss of Rs 455.50 crore reported in the corresponding quarter of the previous financial year.
Sequentially, the Maharatna PSU’s net profit declined around 71% quarter-over-quarter (QoQ) from Rs 1,290.47 crore reported in the previous quarter (Q4 FY26). Revenue from operations soared over 40% year-on-year (YoY) to Rs 7,697.72 crore in Q1 FY27, from Rs 5,486.91 crore in Q1 FY26.
BHEL’s total income also gained nearly 40% YoY to Rs 7,912 crore, while total expenses grew over 18% YoY to Rs 7,415.62 crore during the quarter under review. Segment-wise, the state-owned company’s power segment saw a 52% YoY surge in revenue to Rs 5,919.5 crore, while the industry segment’s revenue rose nearly 12% YoY to Rs 1,778 crore in the first quarter of the ongoing financial year.
The PSU’s operating profit margin improved sharply to 6.69% in Q1 FY27, from a negative 9.54% in Q1 FY26, while net profit margin rose to 4.89%. Its net worth rose more than 9% YoY to Rs 26,471 crore during the quarter under review, while earnings per share (EPS) stood at Rs 1.08.
BHEL share price
After the release of the results, BHEL shares jumped more than 4% to trade at Rs 436.20 apiece on NSE. The shares of the company have jumped around 14% in one week, 13% in one month and 49% in 2026 so far.
In the longer term, BHEL shares have delivered 70% returns in one year, 371% over three years and 554% in five years. The company currently has a market capitalisation of nearly Rs 1.52 lakh crore.
BHEL is one of India's largest engineering and manufacturing companies, engaged in design, engineering, construction, testing, commissioning and servicing of a wide range of products and services with over 180 product offerings.
(With inputs from agencies)
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