
Bharat Bijlee Ltd. (NSE: BB) opened Tuesday at ₹2,604.1, its highest since May, after announcing Q2 figures that showed net profit of ₹46 crore, a 64% jump YoY.
Revenue climbed 56% to ₹736 crore, spearheaded by the power systems segment which generated ₹440.1 crore, up from ₹259.76 crore a year earlier; industrial systems posted ₹296 crore versus ₹213.7 crore last year.
EBITDA rose 71% to ₹59 crore, lifting the net margin to 8% from 7.3% in FY23, comfortably beating the median analyst estimate of 6.8%.
The 18% price surge pushed the stock 22.9% away from its 52‑week high of ₹3,270 and trimmed the year‑to‑date loss to just 2%.
Bharat Bijlee is slated to report Q3 earnings on Nov 15; market watchers note that forthcoming guidance could confirm whether the upward trajectory continues.