BHEL Q3 Results: Profit Doubles to Rs 135 Crore, Beats Estimates on Strong Revenue Growth

BHEL Q3 Results: Profit More Than Doubles to Rs 135 Crore, Exceeding Analyst Projections

Bharat Heavy Electricals Ltd. (BHEL), a leading power equipment manufacturer, has reported its financial results for the third quarter of fiscal year 2025 (Q3 FY25), showcasing a significant increase in net profit that surpassed analyst expectations.

Financial Performance Overview

For the quarter ended December 2024, BHEL reported a consolidated net profit of Rs 135 crore, more than double the Rs 60.3 crore recorded in the same period last year. This performance exceeded the consensus estimate of Rs 121 crore. Revenue for the quarter surged by 32% to Rs 7,277 crore, up from Rs 5,504 crore in Q3 FY24.

Key Financial Highlights (Consolidated, YoY)

• Revenue: Increased by 32% to Rs 7,277 crore from Rs 5,504 crore (Estimate: Rs 6,792 crore).
• EBITDA: Rose by 41% to Rs 304 crore from Rs 216 crore (Estimate: Rs 302 crore).
• Margin: Expanded by 30 basis points to 4.2% from 3.9% (Estimate: 4.4%).
• Net Profit: Stood at Rs 135 crore, up from Rs 60.3 crore (Estimate: Rs 121 crore).

Segmental Revenue and EBITDA Growth

The significant increase in revenue was driven by a 32% growth in both of BHEL's key segments: power and industry. The company's EBITDA growth was fueled by the higher top-line growth and an inventory reversal of Rs 310.7 crore. The robust net profit growth was a result of the combined effect of increased revenue and EBITDA.

BHEL's strong Q3 FY25 results demonstrate the company's operational strength and ability to exceed market expectations. The significant growth in revenue, EBITDA, and net profit underscores BHEL's position as a major player in the power equipment manufacturing industry.

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Categories: BHEL, power equipment industry, Q3 Results