Bharat Bijlee Limited has announced that its Board of Directors will convene on Tuesday, May 12, 2026, through audio-visual means to consider crucial financial matters for the financial year 2025-2026. The meeting notification was issued on March 26, 2026, in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been scheduled to address several key financial matters for the company:

Trading Window Closure

In accordance with the company's Code of Conduct for Prohibition of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, Bharat Bijlee Limited has announced a trading window closure. The restriction applies to all designated persons and their immediate relatives as defined in the company's code.

Stock Exchange Notification

The formal notification has been submitted to both major stock exchanges where the company's shares are traded:

Regulatory Compliance

The company has fulfilled its disclosure obligations by notifying both stock exchanges where its shares are listed. The intimation has been made available on the company's official website at https://www.bharatbijlee.com/ for public access. This announcement ensures transparency and compliance with regulatory requirements under the listing regulations.

The notification was signed by Durgesh N. Nagarkar, Company Secretary & Senior General Manager, Legal, demonstrating proper corporate governance procedures in the disclosure process.

Bharat Bijlee Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating mixed performance with revenue growth offset by declining profitability. The Board of Directors approved these results during their meeting held on February 9, 2026.

Quarterly Financial Performance

The company's Q3 FY26 performance showed revenue growth but profitability challenges. Revenue from operations increased to ₹568.37 crores compared to ₹513.75 crores in Q3 FY25, marking a growth of 10.62%. However, net profit declined significantly by 39.24% to ₹24.68 crores from ₹40.62 crores in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Bharat Bijlee demonstrated stronger revenue growth but continued profitability pressures. Revenue from operations reached ₹1,506.71 crores, representing a 17.48% increase from ₹1,282.59 crores in the corresponding nine-month period of FY25.

Segment-wise Revenue Breakdown

Bharat Bijlee operates through two primary business segments, both contributing to the overall revenue growth in Q3 FY26.

Power Systems Segment:

• Q3 FY26 revenue: ₹343.64 crores
• Q3 FY25 revenue: ₹317.51 crores
• Growth: 8.24%

Industrial Systems Segment:

• Q3 FY26 revenue: ₹224.73 crores
• Q3 FY25 revenue: ₹196.24 crores
• Growth: 14.52%

Expense Analysis and Cost Structure

The company's expense structure showed significant changes during Q3 FY26. Total expenses increased to ₹544.40 crores from ₹469.00 crores in Q3 FY25, representing a 16.08% rise. Key expense components included cost of materials consumed at ₹442.37 crores and employee benefits expense of ₹56.72 crores.

Regulatory and Compliance Updates

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company noted the implementation of four Labour Codes notified by the Government of India on November 21, 2025, which resulted in an increase in gratuity liability of ₹0.70 crores due to past service cost. This amount was included in employee benefit expenses for the quarter and nine months ended December 31, 2025.

Bharat Bijlee continues to operate without any subsidiary, associate, or joint venture companies as of December 31, 2025. The company maintains its focus on two main business segments: Power Systems (transformers, turnkey projects for electrical substations, and maintenance products) and Industrial Systems (electric motors, drives & automation systems, and magnet technology machines).