Kamal Ghorui
Bharat Heavy Electricals Ltd (BHEL) shares rallied nearly 7 per cent on Monday after the company reported a more than 2.5-fold jump in consolidated net profit for the March 2026 quarter, PTI reported.The stock climbed 6.97 per cent to close at Rs 376.95 on the BSE, after surging as much as 13.20 per cent intra-day to hit its 52-week high of Rs 398.95.On the NSE, the stock rose 6.99 per cent to settle at Rs 377.05.The sharp rally added Rs 8,548.47 crore to the company’s market valuation, taking it to Rs 1,31,256.38 crore.BHEL reported consolidated net profit of Rs 1,290.47 crore for the January-March quarter, compared with Rs 504.45 crore in the same period a year ago, according to an exchange filing.The strong performance was supported by higher revenues, particularly from the power segment.Total income during the quarter rose to Rs 12,553.50 crore from Rs 9,142.64 crore in the year-ago period.Revenue from the power segment increased to Rs 9,509.85 crore, up from Rs 6,192.41 crore in the corresponding quarter of FY25.For the full financial year 2025-26, BHEL’s net profit jumped to Rs 1,600.26 crore from Rs 533.90 crore in the previous fiscal.Total income for FY26 rose to Rs 34,589.83 crore, compared with Rs 28,804.79 crore in 2024-25.BHEL is India’s largest engineering and manufacturing enterprise in the energy and infrastructure sectors.
