Navratna defence PSU Bharat Electronics Limited (BEL) on Monday, May 19, reported an 18.4% year-on-year (YoY) increase in net profit at ₹2,127 crore for the fourth quarter over ₹1,797 crore in Q4FY24, beating estimates.
The CNBC-TV18 poll had predicted a profit of ₹1,813 crore.
Revenue from operations was also better than expected, rising 6.8% to ₹9,149.6 crore from ₹8,564 crore a year ago. The CNBC-TV18 poll had predicted revenue of ₹9,047 crore for the quarter under review.
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At the operating level, EBITDA climbed 23.2% YoY to ₹2,816 crore over ₹2,286 crore, well above the CNBC-TV18 poll prediction of ₹2,313 crore.
The EBITDA margin expanded significantly to 30.8% versus 26.7% in the corresponding period of the previous fiscal. The CNBC-TV18 poll had predicted a margin of 25.6% for the quarter under review.
The Navratna PSU reported a turnover of ₹8,850.42 crore for the fourth quarter of FY25, up from ₹8,335.01 crore last year. For the full financial year 2024-25, BEL recorded a turnover of ₹23,024.10 crore, reflecting a YoY growth of 16.17% compared to ₹19,819.93 crore in FY24.
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Profit before tax (PBT) for Q4FY25 rose to ₹2,847.62 crore from ₹2,385.61 crore in the year-ago period. On a full-year basis, PBT stood at ₹7,089.99 crore, up 32.91% from ₹5,334.56 crore reported in FY24.
The company’s order book as of April 1, 2025, stood at ₹71,650 crore, indicating a strong project pipeline.
The board of directors has recommended a final dividend of ₹0.90 per equity share (90% on the face value of ₹1), subject to shareholder approval at the upcoming annual general meeting.
The results came after the close of the market hours. Shares of Bharat Electronics Ltd ended at ₹363.55, down by ₹0.35, or 0.096%, on the BSE.
Also Read: BEL secures new orders worth ₹1,385 crore, FY25 order book reaches ₹18,415 crore
(Edited by : Shoma Bhattacharjee)
First Published: May 19, 2025 6:58 PM IST
