Bharat Electronics Revenue History — Quarter by Quarter

Bharat Electronics's revenue moved from ₹4,244 Cr in Q1 FY25 to ₹7,154 Cr in Q3 FY26, a 68.6% change over 7 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹7,154 Cr	+19%
Q2 FY26	₹5,792 Cr	+15.92%
Q1 FY26	₹4,417 Cr	+5.19%
Q4 FY25	₹9,150 Cr	+16.17%
Q3 FY25	₹5,771 Cr	+23.41%
Q2 FY25	₹4,605 Cr	+15.83%
Q1 FY25	₹4,244 Cr	+19.1%

What management said about revenue

Q3 FY26 · Revenue growth >15% for FY26

Management reiterated guidance of >15% revenue growth for FY26, confident of achieving or exceeding.

Q3 FY26 · Order inflow of INR 27,000 crore+ for FY26

Management confident of crossing INR 27,000 crore order inflow for FY26, with potential upside.

Q2 FY26 · FY26 Revenue Growth of 15%+

Management reiterated guidance of 15%+ revenue growth for FY26, driven by strong execution of existing order book and expected new orders.

Q2 FY26 · FY26 Order Inflow of INR 27,000 crore (ex-QRSAM)

Order inflow target of INR 27,000 crore for FY26 excluding QRSAM; including QRSAM, total expected at INR 57,000 crore.

Q1 FY26 · Revenue growth >15% for FY26

Management reiterated revenue growth guidance of more than 15% for FY26, despite Q1 shortfall due to supply chain issues.

Q1 FY26 · Order inflow INR 27,000+ crore (ex-QRSAM) for FY26

Order inflow target of INR 27,000+ crore for FY26, excluding QRSAM; if QRSAM comes in Q4, total could exceed INR 30,000 crore.

Q4 FY25 · Revenue growth of ~15% in FY26

Management guided revenue growth of around 15% for FY26, consistent with the 15-17.5% medium-term target.

Q4 FY25 · Order inflow >INR 27,000 crore in FY26

Excluding QRSAM, management expects order inflow of more than INR 27,000 crore in FY26.

Q3 FY25 · FY25 revenue growth >15%

Management reaffirmed guidance of revenue growth exceeding 15% for FY25, confident based on 9M performance.

Q3 FY25 · FY25 order inflow >₹25,000 crore

Management confident of achieving order inflow target of ₹25,000 crore for FY25, with several large orders in final stages.

Q3 FY25 · QRSAM order expected in FY26

QRSAM program (₹25,000-30,000 crore) expected to be awarded before March 2026, with 90% confidence.

Q2 FY25 · Revenue growth of 15% for FY25

Management reiterated revenue growth guidance of 15% for FY25, with H1 revenue of ₹8,530 crore implying ~₹14,500 crore in H2.