BENGALURU: State-run defence electronics major Bharat Electronics Limited (BEL) has reported a 16.1% increase in revenue from operations for the financial year 2025-26, driven by steady execution of defence contracts and a robust order pipeline.
Financial Performance Highlights
The defence public sector undertaking (PSU) posted revenue from operations of Rs 27,479.6 crore during FY26, compared to Rs 23,658 crore in the previous financial year, according to figures released by the company on Wednesday.
BEL also recorded growth in profitability during the year. Profit before tax (PBT) stood at Rs 8,075 crore, up 13.9% from Rs 7,090 crore in FY25. Profit after tax (PAT) rose 14.4% to Rs 6,048.5 crore from Rs 5,288.2 crore in the previous year.
Fourth Quarter Performance
The company’s fourth quarter performance also showed growth across key financial indicators. Revenue from operations during the January-March quarter rose to Rs 10,177.2 crore from Rs 9,119.7 crore in the corresponding quarter last year.
Quarterly PBT increased marginally to Rs 2,903.8 crore from Rs 2,847.6 crore, while PAT rose to Rs 2,203.2 crore compared to Rs 2,104.8 crore recorded in the same period a year earlier.
Order Book and Future Outlook
BEL stated that its order book position as on April 1, 2026 stood at Rs 73,882 crore, reflecting a strong pipeline of ongoing and upcoming defence projects. The company is among India’s key defence electronics manufacturers and supplies radar systems, communication equipment, electronic warfare systems, and other strategic technologies to the armed forces.
The robust order book and consistent execution of contracts position BEL for sustained growth in the coming years, as India continues to focus on indigenous defence production under the ‘Atmanirbhar Bharat’ initiative.
