BHEL Q3 Profit Soars 3-Fold to Rs 382 Cr; New Labour Codes Noted

Bharat Heavy Electricals Limited (BHEL) has reported a standalone net profit of Rs 382.49 crore for the third quarter of FY26, marking a more than three-fold increase from the same period last year. The state-owned engineering giant's revenue from operations grew by 16.4% year-on-year to Rs 8,473.10 crore, driven by steady execution in both power and industrial segments. The company noted that the new Labour Codes, effective from November 2025, may impact its future financials. These codes aim to extend social security, ensure minimum wages, and mandate health check-ups for workers across industries.

Key Points: BHEL Q3 Net Profit Jumps Over 3 Times to Rs 382 Crore

  • 3-fold jump in Q3 net profit
  • 16.4% revenue growth to Rs 8,473 cr
  • Power segment revenue at Rs 6,322 cr
  • Notes potential impact of new Labour Codes
2 min read

BHEL clocks 3-fold jump in Q3 net profit at Rs 382.49 crore

BHEL reports standalone net profit of Rs 382.49 crore in Q3 FY26, a three-fold increase. Revenue rises 16.4% to Rs 8,473 crore.

"BHEL's revenue from operations increased 16.4 per cent year-on-year to Rs 8,473.10 crore - Company Report"

New Delhi, Jan 19

State-owned engineering giant Bharat Heavy Electricals Limited on Monday reported a more than three-fold jump in standalone net profit to Rs 382.49 crore in third quarter of 2025-26 compared with the corresponding figure of Rs 124.77 crore in the same quarter of the previous financial year.

BHEL's revenue from operations increased 16.4 per cent year-on-year to Rs 8,473.10 crore, supported by steady execution in the power and industrial segments. The company also maintained sequential momentum over Q2 FY26, reflecting improving operating leverage.

The engineering major's revenue from the power segment stood at Rs 6,322.36 crore during the third quarter while that of the industry segment came in at Rs 2,150.74 crore.

BHEL also stated that the new Labour Codes which have come into effect from November 21, 2025 may impact future financials.

The government has announced the implementation of the four Labour Codes to simplify and streamline labour laws to ensure better wages, safety, social security and enhanced welfare for India's workforce.

The four labour codes include the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 with effect from 21st November 2025, rationalising 29 existing labour laws.

Under Code on Social Security, 2020 all workers including gig and platform workers will get social security coverage. All workers will get PF, ESIC, insurance, and other social security benefits. Earlier there was only limited security coverage.

Under the Code on Wages, 2019, all workers will receive a statutory right minimum wage payment which wages and timely payment will ensure financial security. Earlier minimum wages applied only to scheduled industries or employments; large sections of workers remained uncovered.

The Labour codes also ensure that employers must provide all workers above the age of 40 years with a free annual health check-up and promote a timely preventive healthcare culture. Earlier there was no legal requirement for employers to provide free annual health check-ups to workers.

- IANS

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Reader Comments

S
Sarah B
Impressive numbers. The revenue growth is steady. However, the note about the new Labour Codes impacting future financials is a bit concerning. Hope employee welfare doesn't come at the cost of the company's growth momentum.
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Arjun K
As someone whose father worked in a factory, the new Labour Codes are a much-needed step. Free health check-ups for workers above 40 and PF for all? This is real progress for the workforce. Company profits are important, but so is employee security.
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Priya S
Great quarterly results! But the real story is in the details. Power segment revenue is nearly 75% of the total. Hope BHEL diversifies more into renewables and new-age industries to stay relevant long-term. The industrial segment needs a bigger push.
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Karthik V
Finally some good news from a PSU! 🎉 This should boost investor confidence. The key will be sustaining this performance. Streamlining 29 labour laws into 4 codes was overdue – should reduce compliance headaches for companies like BHEL in the long run.
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Meera T
While the profit jump is commendable, let's see if this translates to better dividends for the government (and us taxpayers who own it) and more job creation. The labour codes extending security to gig workers is a very positive social move.

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