Bharat Electronics Reports 26.5% Revenue Growth in 2QFY27
Revenue rose 26.5% year over year; EBITDA margin contracted to 28.0%. The report also cited a healthy order book.
Prabhudas Lilladher's research report on Bharat ElectronicsBharat Electronics (BEL) reported a healthy 2QFY27 performance, with revenue increasing 26.5% YoY, while EBITDA margin contracted 144bps YoY to 28.0% due to a lower gross margin. Order book stood at INR687.2bn providing healthy execution vi…