BHEL reports strong half-year financial growth, returns to profit

For the half-year ended September 30, 2025, BHEL reported a consolidated total income from operations of ₹12,998.71 crore, an increase from ₹12,069.02 crore in the prior year. Consolidated net profit after tax for the half-year also saw a substantial rise, reaching ₹533.90 crore, compared to a loss of ₹105.25 crore in the corresponding period of 2024.

Standalone results for the half-year reflected a similar positive trend, with total income from operations at ₹12,998.71 crore. Standalone net profit after tax for the period stood at ₹512.97 crore, a notable turnaround from a loss of ₹115.85 crore reported last year. Basic and diluted earnings per share for the half-year improved to ₹1.47 (standalone) and ₹1.53 (consolidated).

The company acknowledged overdue trade receivables totaling ₹211 crore from customer STPG (formerly NEC Sudan) due to civil war, which has been deemed good and not provisioned for. Additionally, dues from RVUNL/Suratgarh 7 & 8 Project (2x660 MW) for ₹98 crore have also not been provisioned, as payment is under process.