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BHEL Shares Surge 10% After Stellar Q4 Results
4 May
Summary
- BHEL's Q4 net profit exceeded estimates, reaching Rs 1,283 crore.
- Profit more than doubled year-on-year from Rs 504 crore.
- Revenue saw a strong 37 percent year-on-year growth.
Shares of Bharat Heavy Electricals Ltd (BHEL) experienced a significant surge, climbing 10 percent to touch the upper circuit on Monday. This sharp rise followed the company's announcement of its fiscal fourth-quarter financial results, which showcased a substantial beat on profit and robust year-on-year growth.
The state-run engineering giant reported a net profit of Rs 1,283 crore for the quarter ending March 31, 2026. This figure considerably exceeded the CNBC-TV18 poll estimate of Rs 826 crore and represented more than a twofold increase compared to the Rs 504 crore profit recorded in the same period last year.
BHEL's revenue for the quarter stood at Rs 12,310 crore. While slightly below the poll estimate of Rs 12,398.3 crore, this revenue figure still marked an impressive 37 percent year-on-year growth from the Rs 8,993 crore generated in the prior year.
The positive earnings report immediately translated into investor confidence, pushing the BHEL stock price to Rs 387.65 by late morning trade on May 4, 2026.
