BHEL Q2 Results 2025: Net Profit at ₹375 Crore as Revenue Rises 14% YoY

Bharat Heavy Electricals Ltd announced its financial results for the September 2025 quarter, posting a consolidated net profit of ₹375 crore. This marks a turnaround from the preceding quarter’s loss of ₹455.5 crore, driven by improved operational performance and steady growth in the power and industry segments.

Profitability Returns on Strong Execution

The company’s financial performance showed a significant improvement on a year-on-year basis, with net profit rising 253% from ₹106.15 crore recorded in the same quarter last year. The recovery was supported by a rise in order execution and better capacity utilisation in key business areas.

On the revenue front, consolidated income from operations reached ₹7,512 crore, reflecting a 14% year-on-year increase compared to ₹6,584 crore in Q2FY24. Sequentially, the topline also showed solid growth from ₹5,487 crore reported in the June 2025 quarter, indicating consistent progress in project delivery.

Segment-Wise Performance Overview

Both the power and industry divisions contributed to the quarterly recovery. The power segment recorded revenue of ₹5,675.64 crore, a 45.6% sequential increase from ₹3,898.86 crore in the previous quarter and a 12.9% growth compared to the same period last year. This improvement was primarily supported by better execution of ongoing projects and stable demand from the domestic market.

The industry segment also delivered a positive performance, posting ₹1,836.16 crore in revenue, which represents a 15.6% rise from the June 2025 quarter and an 18% increase year-on-year. Together, the total segment revenue grew to ₹7,511.80 crore in Q2FY26, up 36.9% sequentially and 14% over the previous year’s period.

Operational Efficiency and Margin Expansion

At the operating level, the company’s EBITDA stood at ₹580.8 crore, reflecting a 111% jump from ₹275 crore in the corresponding quarter last year. The EBITDA margin expanded to 7.7%, compared to 4.2% in the same quarter of the previous fiscal, highlighting improved cost management and better operating efficiency.

Market Reaction and Share Performance

As of 2:22 PM on October 30, 2025, BHEL Share Price stood at ₹260, up 5.93% from the previous session. The stock has traded within a 52-week range of ₹176 to ₹272. With a market capitalisation of ₹90,568 crore, the company continues to maintain its strong position across sectors such as power, transmission, transportation, renewable energy, and defence.

Read More:BHEL Secures Orders from Indian Railways and MB Power

Conclusion

The September quarter results highlight a notable recovery in profitability and operational performance for Bharat Heavy Electricals Ltd. Supported by growth in both the power and industry segments, the company’s steady revenue increase and margin expansion indicate improved business efficiency.

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