Newsletter
BHEL’s Q2 profit soared 253% YoY, driven by strong power demand, higher order execution, and improved operational efficiency.
By the numbers: revenue from operations rose 14% YoY to ₹7,511.8 crore
- Net profit jumped 253% to ₹374.9 crore from ₹106.1 crore last year.
- The power business clocked ₹5,675 crore, up 13%
- Industry segment jumped 18% to ₹1,836 crore.
The how: the stellar quarter came from a mix of strong project execution, higher demand in the power and industrial segments, and better cost control.
The company benefited from accelerated government spending on infrastructure and power generation, which boosted equipment orders. Its power division & industrial segment showed balanced growth across verticals.
On top of that, lower finance costs and steady employee expenses helped margins expand from what was once a sluggish performer into a bright spot in India’s industrial revival.
Zoom out: India’s power equipment industry is buzzing, thanks to renewable energy expansion, government capex, and the push for domestic manufacturing.
With the country targeting 500 GW of non-fossil energy capacity by 2030, BHEL’s engineering muscle might just keep humming for a while.
