BEL Shares Soar 10% on Stellar Q3 Results: Profit Up 20.8%, Revenue Jumps 23.7%
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Moneycontrol•28-01-2026, 15:07
BEL Shares Soar 10% on Stellar Q3 Results: Profit Up 20.8%, Revenue Jumps 23.7%
- •Bharat Electronics Ltd. (BEL) stock surged 10% after announcing better-than-expected Q3 results.
- •Net profit for the December quarter increased by 20.8% to ₹1,590 crore, surpassing estimates.
- •Revenue grew by 23.7% to ₹7,122 crore, significantly exceeding market predictions.
- •EBITDA rose 28% to ₹2,117 crore, with EBITDA margin strengthening to 29.7%, defying expectations of a decline.
- •BEL's robust order book stands at ₹73,015 crore, ensuring future work, and the stock hit a new all-time high.
Why It Matters: BEL delivered exceptional Q3 performance with profit and revenue exceeding estimates, driving a 10% stock surge.
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