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BHEL Profit Skyrockets in Q2FY27!
14 Oct
Summary
- Net profit more than doubled to Rs 820.94 crore in Q2FY27.
- Revenue increased by 23.81% to Rs 9,300.35 crore in Q2FY27.
- BHEL's share price has surged 3.52% intraday.
Bharat Heavy Electricals (BHEL) has reported a substantial financial performance for the second quarter of fiscal year 2027 (Q2FY27). The company's net profit saw a dramatic increase, more than doubling to Rs 820.94 crore compared to Rs 374.89 crore in the previous quarter (Q1FY27).
This impressive profit growth was accompanied by a notable rise in revenue. BHEL's revenue for Q2FY27 climbed by 23.81% to Rs 9,300.35 crore, up from Rs 7,511.80 crore in Q1FY27. The company, a government-owned entity incorporated in 1964, operates across diverse sectors including power, transportation, and defense.
Reflecting investor confidence, BHEL's share price experienced a positive surge, gaining 3.52% during intraday trading. Year-to-date, the company's shares have seen a significant increase of 57.59%, with a 13.64% gain in the past three months.
