BEL Secures Fresh ₹569 Cr Orders, Q2 Profit Jumps 18%; Shares Rise

• Bharat Electronics Limited (BEL) received new orders worth ₹569 crore, adding to ₹776 crore disclosed on December 12.
• The fresh orders cover diverse defence and non-defence products like radars, communication equipment, and simulators.
• BEL reported an 18% YoY increase in Q2 net profit to ₹1,286 crore, surpassing analyst estimates.
• Q2 revenue rose 26% to ₹5,764 crore, with EBITDA climbing 22% to ₹1,695.6 crore.
• BEL shares closed 1.23% higher at ₹393.55 on NSE on December 12.

Why It Matters: BEL's strong Q2 performance and new orders highlight its robust growth in defence and non-defence sectors.