In the previous quarter, the company had posted a profit after tax (PAT) of Rs 48 crore on revenue of Rs 839 crore. This translates into a 29% quarter-on-quarter increase in revenue in Q3FY26.
Total expenses during the quarter rose sharply to Rs 1,113 crore, up from Rs 796 crore in Q2FY26 and Rs 851 crore in Q3FY25, reflecting a 40% sequential increase and a 31% year-on-year rise. The higher costs were driven by employee benefits, raw material expenses, and finance costs, among other factors.
The company’s board declared an interim dividend of Rs 2.50 per share for FY26 and fixed February 13 as the record date to determine eligible equity shareholders.
On a standalone basis, BEML reported a loss of Rs 23 crore in Q3FY26, compared with a loss of Rs 25 crore in the year-ago period.
Following the earnings announcement, BEML shares fell sharply, hitting the day’s low of Rs 1,570 on the NSE. The stock was down 10% from Thursday’s closing price.
Also read: Meesho slides 40% from peak, slips below listing price. Here is why brokerages still see 26% upsideThe company manufactures ground support vehicles for integrated guided missiles and radar development projects.
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