Athira Sethu
Kochi, 17 October 2026
State-owned Bharat Heavy Electricals Limited (BHEL) witnessed an impressive jump in its profits in the second quarter of financial year 2026-27 (Q2 FY27).
The company’s profit grew by 118.9% YoY to ₹820.94 crore, as against ₹374.89 crore in the same quarter of last fiscal.
Along with this, BHEL saw impressive improvement in its revenues in the quarter, driven by better performance in its power and industry businesses.
BHEL Revenue Up 23.8%
BHEL witnessed a rise in its revenues from operations of 23.8% to ₹9,300.35 crore in Q2 FY27. The company reported revenues of ₹7,511.80 crore in the corresponding quarter of the previous financial year.
This indicates that the company witnessed better earnings in comparison with the same quarter last year.
The power division continued to be the largest contributor to the revenues of the company, as it accounted for more than 71% of its total revenues.
Revenues from this division rose by 17% to ₹6,637.90 crore, as against ₹5,675.64 crore in Q2 FY26.
Earnings Per Share Get Better Too
The earnings per share of BHEL rose to ₹2.36 in Q3, as opposed to ₹1.08 in the corresponding quarter of the previous year.
EPS refers to the profit that a company makes per share.
₹500 Crore Investment Plan Approved by BHEL
Apart from financial results, BHEL has also come up with plans of expanding its manufacturing facilities.
The company’s board has approved the plan of investing ₹500 crore in building facilities for manufacture of thermal and nuclear power equipment at its Heavy Equipment Plant in Haridwar.
This will add to the manufacturing strength of BHEL in the power segment.
Changes in Operations of the Company
Moreover, the board of BHEL has also approved the establishment of Electrical Machines Repair Plant in Mumbai.
This plant will be amalgamated with the Electronics Division of BHEL in Bengaluru. The process will commence on November 1, 2026.
What Does It Mean for Investors?
The high earnings growth, increased revenue, and investment of BHEL show its business and growth outlook.
But investors must also think about order flow, execution of projects, cost, and general market conditions before investing.
Positive performance in the quarter can boost confidence in the investor’s mind, but it does not assure the increase in the stock price.
