Total expenses climbed 30.58% YoY to Rs 4,297.62 crore from Rs 3,291.21 crore in Q1 FY26, primarily due to a sharp rise in material costs. Cost of materials consumed surged 55.7% YoY to Rs 3,035.88 crore, while employee benefit expenses increased 13.95% YoY to Rs 786.44 crore. Finance costs, however, declined 19.44% YoY during the quarter.

As of 1 July 2026, the company's order book was Rs 72,258 crore.

Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force.

The counter rose 0.51% to settle at Rs 407.10 on the BSE.