Shares of Bharat Heavy Electricals Ltd. (BHEL) fell over 4% in early trade on Thursday after the state-run engineering giant reported a sharp rise in net loss for the June quarter of FY26. As of 9:16 AM, the shares were trading 3.97% lower at Rs 230.32.
BHEL posted a net loss of ₹455.4 crore for Q1 FY26, significantly higher than the ₹211 crore loss it recorded in the same quarter last year. The widening of losses was primarily attributed to an increase in total expenses during the quarter.
Despite the bottom-line weakness, the company’s revenue from operations remained largely flat. It rose marginally by 0.4% year-on-year to ₹5,486.9 crore, compared to ₹5,484.9 crore in the corresponding period of the previous fiscal.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.