BHEL Q3 earnings: Net profit rises 189%, stock falls
BHEL shares slipped 2.15% to Rs 259.85 against the previous close of Rs 265.55. Market cap of the firm fell to Rs 90,481 crore.
- Jan 19, 2026,
- Updated Jan 19, 2026 2:54 PM IST
Shares of Bharat Heavy Electricals Ltd (BHEL) were trading lower on Monday after the PSU announced its Q3 earnings. Net profit zoomed 189% to Rs 390 crore in Q3 against Rs 134.7 crore on a year on year basis.
Profitability was boosted by a higher other income component. However, BHEL shares slipped 2.15% to Rs 259.85 against the previous close of Rs 265.55. Market cap of the firm fell to Rs 90,481 crore.
BHEL's revenue rose 16.4% at Rs 8,473 crore in Q3 against Rs 7,277 crore a year ago. Other income in Q3 more than doubled to Rs 219 crore against Rs 108 crore (YoY). EBITDA climbed 79% to Rs 546 crore in Q3 against Rs 304.5 crore (YoY). EBITDA margin came at 6.4% in Q3 against 4.2% margin on a YoY basis.
The combination of strong EBITDA growth and margin expansion showcases BHEL's comprehensive operational strength and market positioning.
Shares of Bharat Heavy Electricals Ltd (BHEL) were trading lower on Monday after the PSU announced its Q3 earnings. Net profit zoomed 189% to Rs 390 crore in Q3 against Rs 134.7 crore on a year on year basis.
Profitability was boosted by a higher other income component. However, BHEL shares slipped 2.15% to Rs 259.85 against the previous close of Rs 265.55. Market cap of the firm fell to Rs 90,481 crore.
BHEL's revenue rose 16.4% at Rs 8,473 crore in Q3 against Rs 7,277 crore a year ago. Other income in Q3 more than doubled to Rs 219 crore against Rs 108 crore (YoY). EBITDA climbed 79% to Rs 546 crore in Q3 against Rs 304.5 crore (YoY). EBITDA margin came at 6.4% in Q3 against 4.2% margin on a YoY basis.
The combination of strong EBITDA growth and margin expansion showcases BHEL's comprehensive operational strength and market positioning.