Bharat Electronics · NSE: BEL · BSE: 500049

Q2 FY23 results · Jul–Sep 2022

Bharat Electronics reported revenue from operations of ₹3,961.59 crore (up 7.7% from Q2 FY22) and net profit of ₹624.40 crore (down 0.0% from Q2 FY22) for Q2 FY23 (Jul–Sep 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	3,961.59	3,678.05	+7.7%	3,140.61	+26.1%
Other income	73.79	62.38	+18.3%	82.21	−10.2%
Total income	4,035.38	3,740.43	+7.9%	3,222.82	+25.2%
Profit before share of associates & JVs and tax	830.87	826.50	+0.5%	504.24	+64.8%
Share of profit/(loss) of associates & JVs	9.57	14.57		10.20
Net profit for the period	624.40	624.61	−0.0%	366.33	+70.4%
Attributable to shareholders of the company	623.74	624.46	−0.1%	365.65	+70.6%
EPS, basic (₹)	0.86	2.56	not comparable	3.00	not comparable
Net margin (%)	15.8	17.0		11.7

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY23	Q2 FY22	YoY	Q1 FY23	QoQ
Revenue from operations	3,945.83	3,660.56	+7.8%	3,112.78	+26.8%
Other income	75.01	65.88	+13.9%	159.74	−53.0%
Total income	4,020.84	3,726.44	+7.9%	3,272.52	+22.9%
Profit before tax	824.86	827.74	−0.3%	578.10	+42.7%
Net profit for the period	611.05	612.60	−0.3%	431.49	+41.6%
EPS, basic (₹)	0.84	2.51	not comparable	1.77	not comparable
Net margin (%)	15.5	16.7		13.9

Consolidated

Filed with BSE: 27 Oct 2022, 16:40 IST
Board meeting: 27 Oct 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 27 Oct 2022, 16:40 IST
Board meeting: 27 Oct 2022
Period: 01 Jul 2022 to 30 Sep 2022
Review status: Unaudited
Source: XBRL filing on BSE