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Bharat Electronics Profit Jumps 46%, Shares Surge 5%

Bharat Electronics Posts Strong Q1 Results with 23% Profit Growth

Shares of Bharat Electronics Ltd. surged 5% after releasing its April-June results. Net profit rose 46% year-on-year to ₹776 crore, beating the ₹706 crore estimate. Revenue increased 19.6% to ₹4,199 crore. EBITDA grew 41% to ₹937 crore, with a margin of 22.3%. The order book stood at ₹76,705 crore. Shares are up 74% in 2024 & 145% in last 52 weeks.

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