Bharat Electronics secures new defence orders worth ₹871 crore

Navratna defence PSU Bharat Electronics Ltd (BEL) on Friday (November 14) said it has received additional orders worth ₹871 crore since its last disclosure on November 10, 2025. According to the company, the major orders include fire control system, thermal imager, ground support equipment, upgrades, spares and services.

Second Quarter Results

The bottom line came in at ₹1,286 crore, which was higher than CNBC-TV18's poll estimate of ₹1,143 crore. The figure was higher by 18% from ₹1,286 crore last year. Revenue for the quarter increased by 26% from last year to ₹5,764 crore as against ₹4,583 crore. A CNBC-TV18 poll had pegged the figure to be ₹5,359 crore.

Also Read:BEL secures ₹792 crore in fresh defence orders; eyes ₹27,000 crore order book by March

Earnings Before Interest, Tax, Depreciation and Amortisation increased by 22% from the same quarter last year to ₹1,695.6 crore, which was higher than the CNBC-TV1 poll estimate of ₹1,482 crore. However, EBITDA margin narrowed by nearly 90 percentage points to 29.42% from 30.30% last year. The margins figure was higher than the 27.70% that the expectations were.

As of October 1, BEL's order book position stood at ₹74,453 crore. As of 12:54 PM, Bharat Electronics Ltd was trading at ₹424.35, up 1.08%.