
BHEL reported a strong turnaround in its Q1 results, posting a net profit of ₹382 crore against a loss in the year-ago period, supported by robust revenue growth and improved margins. Abhishek Basumallick, Co-founder & Fund Manager, Shree Rama Managers, remains optimistic on the company's long-term outlook, citing its leadership in engineering and power equipment. He believes BHEL's consistent improvement over recent quarters reflects a sustainable recovery. With strong opportunities in thermal and nuclear power projects, the company is well-positioned to benefit from India's infrastructure and energy expansion over the next few years.