State-owned Bharat Heavy Electricals Ltd (BHEL) reported a 118.9 per cent year-on-year (YoY) increase in profit attributable to owners of the company to ₹820.94 crore in the second quarter of FY27, compared with ₹374.89 crore in the corresponding period last year.
The company’s revenue from operations rose 23.8 per cent to ₹9,300.35 crore during the quarter, up from ₹7,511.80 crore in Q2FY26, supported by growth across its power and industry segments.
The company’s revenue from the power segment, which accounted for over 71 per cent of the company’s total revenue, increased 17 per cent to ₹6,637.90 crore from ₹5,675.64 crore in the corresponding quarter of the previous financial year.
BHEL’s earnings per share (EPS) rose to ₹2.36 in the quarter under review, up from ₹1.08 in Q2FY26, reflecting year-on-year growth of 118.5 per cent.
The state-owned major said its board approved a ₹500 crore investment to add facilities to manufacture thermal and nuclear sets at its HEEP unit in Haridwar.
Separately, its board also approved an Electrical Machines Repair Plant in Mumbai, merging it with its Electronics Division in Bengaluru, effective November 1, 2026.
The Electronics Division will serve as the single merged unit, the company said in a regulatory filing.
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