BHEL rallies 4% on robust Q2 show, profit soars 253% YoY

Shares of Bharat Heavy Electricals Ltd (BHEL) rallied 4% to their day’s high of Rs 255 on Thursday, October 30, after the company reported a strong financial turnaround for the second quarter of FY26. The state-run engineering and manufacturing firm posted a consolidated net profit of Rs 374.89 crore in Q2 FY26, marking a sharp 253% year-on-year (YoY) jump from Rs 106.15 crore in the same period last year.

This performance also represents a significant recovery from the previous quarter, when BHEL reported a net loss of Rs 455.50 crore in Q1 FY26 (April–June 2025).

Consolidated revenue from operations rose 14% YoY to Rs 7,512 crore during the July–September quarter, compared to Rs 6,584 crore in Q2 FY25. The company reported strong performance across both of its key business segments.


In the power segment, revenue grew 12.9% YoY to Rs 5,675.64 crore, up from Rs 5,028.28 crore in the September 2024 quarter. Sequentially, this reflects a 45% increase from Rs 3,898.86 crore in the June 2025 quarter.

BHEL share price performance

Over the past year, BHEL shares have delivered a steady gain of 4.51%, reflecting a consistent upward trend. On a year-to-date (YTD) basis, the stock is up 5.30%, indicating strong performance so far this calendar year.

In the last six months alone, the stock has risen 5.93%, showing sustained momentum in the medium term. Over the past three months, the gains have been more modest at 2.10%, while the one-month return stands at a healthy 5.00%, suggesting renewed investor interest in the near term.

Also read: Chipmaker Nvidia becomes world's first $5 trillion company

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)