Wed Jan 29 03:50:00 UTC 2025: **BHEL Stock Soars After Exceeding Expectations in Q3FY25 Results**

**Mumbai, January 29, 2025** – Bharat Heavy Electricals Limited (BHEL), a leading Indian power equipment manufacturer, saw its share price jump 4.7 percent to Rs. 196.49 on Wednesday following the release of its strong Q3FY25 financial results. The impressive performance exceeded market expectations, driving the company’s market capitalization to approximately Rs. 67,743 crore.

The company reported a 32.2% year-on-year (YoY) increase in revenue, reaching Rs. 7,277 crore, and a significant 125% YoY jump in profit to Rs. 135 crore. This growth was accompanied by a 40.6% YoY increase in EBITDA to Rs 304.3 crore, and an improved EBITDA margin of 4.2%. The figures reflect strong operational performance and resilience in the market.

While the financials for the nine months ended December 31, 2023, were restated to align with a change in accounting policy regarding the calculation of expected credit losses, the adjustment resulted in a reduction in other expenses and an increase in tax expenses.

BHEL’s strong performance comes amidst India’s robust economic growth and government focus on infrastructure development. The continued reliance on coal-based power and plans for modernization across various sectors present significant opportunities for the company. However, BHEL’s P/E ratio of 143.15 remains significantly higher than the industry average of 54.02.

The company’s major competitors include Siemens Ltd., ABB India Ltd., Larsen & Toubro (L&T), Thermax, and CG Power & Industrial Solutions.

**Disclaimer:** *This news article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.*

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