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Bharat Electronics Secures New Orders Worth ₹533 Crore
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CNBC TV18•13-10-2026, 16:02
Bharat Electronics Secures New Orders Worth ₹533 Crore
- •State-run Bharat Electronics Ltd secured additional orders worth ₹533 crore since September 17, 2026.
- •Major orders include communication equipment, avionics, cybersecurity solutions, drones, jammers, and software.
- •Standalone net profit for the first quarter rose 8.8% year-on-year to ₹1,054 crore, beating estimates.
- •Revenue from operations increased 25.3% to ₹5,533 crore, surpassing Street expectations.
- •The board approved increasing authorised share capital from ₹750 crore to ₹1,000 crore.
Key Questions Answered
Bharat Electronics announced that it has secured additional orders worth ₹533 crore since its previous disclosure on September 17, 2026.
For the first quarter, Bharat Electronics reported an 8.8% year-on-year increase in standalone net profit to ₹1,054 crore, while revenue from operations grew 25.3% to ₹5,533 crore, both beating poll estimates.
The board approved a proposal to increase the company's authorised share capital from ₹750 crore to ₹1,000 crore by raising the number of equity shares with a face value of ₹1 each from 750 crore to 1,000 crore, pending shareholder approval.
