Bharat Electronics bags additional orders worth ₹909 crore since October 21

Navratna defence public sector undertaking Bharat Electronics Ltd (BEL) on Friday (November 6) said it has secured additional orders worth ₹909 crore since its last disclosure on October 21, 2026.

The orders cover a range of defence and related products and services, including stabilised optronic pedestals, communication equipment, navigation systems, night vision devices, software solutions, components, upgrades, spares and services.

The company did not provide a further breakdown of the ₹909 crore order value across the individual categories.

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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.

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.

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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%.

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.

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For the first half of the fiscal year (H1 FY27), BEL recorded a 25.97% rise in standalone operational revenue to ₹12,824 crore against ₹10,180 crore in H1 FY26, while standalone profit after tax increased 14.81% to ₹2,589 crore compared to ₹2,255 crore in the year-ago period.

Shares of Bharat Electronics Ltd ended at ₹395.50, down by ₹0.65, or 0.16%, on the BSE.