BHEL Q3 FY26 Profit Rises 190% to Rs 390 Crore; Revenue Up 16%

Bharat Heavy Electricals Ltd (BHEL) reported a 190% year-on-year rise in consolidated net profit to Rs 390.40 crore for Q3 FY26, with revenue increasing 16.4% to Rs 8,473.10 crore. Profit before tax rose sharply, supported by improved execution in power and industry segments. Despite strong financials, BHEL's share price declined following the board's approval of a short closure for a new plant in Varanasi, citing current business conditions. The impact of new labour codes was not factored into the results.