Bharat Electronics Ltd (BEL) posted a steady Q4, with profit and revenue both climbing as defence demand stays hot.
By the numbers:
- Net profit rose 18.4% YoY to ₹2,127 crore
- Revenue grew 6.8% YoY to ₹9,149.6 crore
- Expenses rose just 1.6%, despite a 20% bump in employee costs, helping margins hold firm
Why it matters: BEL’s strength lies in visibility. It closed the quarter with a massive ₹71,650 crore order book, and it's front and center in the government’s Make in India and emergency procurement push.
Zoom out: India’s defence sector is in a high-growth cycle. Capex hit ₹1.72 lakh crore in FY25, and with rising geopolitical tensions, everything from drones to radar systems is in high demand.
BEL’s solid footing makes it a key player in India’s modern military buildout.
