Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore, revenue jumps 37%

Navratna Defence PSU Bharat Electronics released its December quarter performance on January 30, posting healthy growth in revenue top and net profit, surpassing street estimates. The operating numbers even came in higher than analysts' projections.

The company reported a 37% growth in its revenue from operations, reaching ₹5,643 crore, compared to ₹4,120.10 crore during the same period last year. In terms of operating profit, the company reported an EBITDA of ₹1,653 crore, marking a 57.5% improvement compared to ₹1,072 crore reported in the same quarter last year.

The EBITDA margin expanded by 330 basis points YoY to 28.7% in Q3. Its profit before tax (PBT) for the third quarter was ₹1,754.15 crore, reflecting a growth of 49.64% over the PBT of ₹1,172.26 crore recorded in the corresponding period of the previous year.

On the bottom line, profit after tax (PAT) increased by 47.33% to ₹1,316.06 crore. In the same quarter of the previous fiscal year, the company posted a net profit of ₹893.30 crore, according to the company's earnings filing. 

9MFY25 Performance 

For 9MFY25, the company's revenue from operations stood at ₹14,173.68 crore, compared to ₹11,484.92 crore in the same period of the previous year.

PBT increased to ₹4,242.37 crore from ₹2,948.95 crore recorded in the corresponding period of the previous year. PAT increased to ₹3,183.47 crore in 9MFY25, up from ₹2,236.48 crore recorded in the previous year.

The company's order book position as of January 1, 2025, stood at ₹71,100 crore, as per the company's earnings filing. 

Meanwhile, the stock has also reacted positively to the Q3 numbers, as it is trading 4% higher at ₹278 apiece as of 3:00 p.m. It is up by 300% over the last 2 years and 730% over the last 5 years.

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