Bharat Heavy Electricals Ltd. (BHEL) reported a wider net loss for the first quarter, with shares declining nearly 4% to ₹238.88 on Tuesday.

Q1 Financial Results

BHEL announced its first-quarter earnings, which fell short of analyst expectations:

• Net Loss: Increased to ₹4.55 billion, significantly higher than the ₹2.10 billion loss in the same period last year.
• Revenue: Remained relatively flat at ₹54.86 billion, compared to ₹54.84 billion year-over-year.

These results contrasted with the CNBC-TV18 poll projections, which had anticipated a return to profitability.

Previous Analyst Expectations

Prior to the results announcement, analysts had projected:

• Net Profit: ₹70.48 crore
• Revenue: ₹6,705.00 crore (22.3% year-on-year increase)
• EBITDA: ₹194.00 crore (positive)

Order Book and Future Prospects

The ordering activity remains crucial for BHEL's growth. Analysts had provided varying estimates for the company's order inflow:

• Axis Capital projected orders worth ₹15,000.00 crore
• Nuvama estimated orders of ₹11,000.00 crore

Both figures represented a significant increase from the ₹9,488.00 crore orders received in the previous year. Analysts expected the order book to exceed ₹2 lakh crore, up from ₹1.33 lakh crore previously.

Stock Performance

BHEL's stock has experienced volatility:

• The stock declined by nearly 4% ahead of the results announcement.
• Over the past month, BHEL shares have seen a 7% decrease in value.

Financial Trends

Based on the most recent available data prior to this Q1 announcement:

Investors and analysts will likely reassess BHEL's growth trajectory and profitability prospects in light of these Q1 results. The focus will remain on future order inflows, revenue growth, and margin improvements as key indicators of the company's performance in the challenging economic environment.

Bharat Heavy Electricals Limited (BHEL), a leading power equipment manufacturer, has announced significant changes in its senior management along with details of its upcoming Annual General Meeting (AGM).

Senior Management Changes

BHEL has appointed Sanjay Guha as the new General Manager & Head of Project Management Group (PMG), PS-BG-I, Noida, effective July 25, 2025. Guha, who holds a BE in Electrical Engineering, joined BHEL on April 5, 2011, bringing 14 years of service experience to his new role. He will report directly to the Director (Power) of BHEL.

In the same announcement, BHEL confirmed that Sibaprasad Gangopadhyay, who served as Executive Director (PMG), PS-BG I, Noida, superannuated from the company on June 24, 2025.

61st Annual General Meeting

BHEL has rescheduled its 61st Annual General Meeting (AGM) for Tuesday, August 19, 2025, at 10 A.M. IST. The meeting will be conducted through Video Conferencing/Other Audio-Visual Means, adapting to the digital format for shareholder participation.

Key dates for shareholders to note include:

Dividend Information

BHEL has proposed a final dividend of Rs. 0.50 per share (25% on the paid-up equity share capital) for the financial year 2024-25. If approved by members at the AGM, the dividend will be paid by September 17, 2025.

These announcements reflect BHEL's commitment to maintaining strong corporate governance and keeping shareholders informed about significant company developments. The changes in senior management may bring new perspectives to the company's project management strategies, while the upcoming AGM provides an opportunity for shareholders to engage with the company's performance and future plans.