Shares of Bharat Bijlee fell as much as 7% on Wednesday, July 23, in response to its quarterly results that were reported during market hours.The company’s revenue for the quarter increased by 24% on a year-on-year basis to ₹465 crore. However, on a sequential basis Bharat Bijlee’s topline fell by 25% from the March quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 14.4% from the year-ago period to ₹33.7 crore. When compared to the March quarter, EBITDA declined by over 45%.
EBITDA margin for the quarter narrowed by 60 basis points to 7.3% from 7.9% year-on-year, while on a sequential basis, there was a nearly 300 basis points contraction in the margins.Net profit for the period stood at ₹28 crore, which is a 16.7% growth from last year, but a 44% decline from the March quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 14.4% from the year-ago period to ₹33.7 crore. When compared to the March quarter, EBITDA declined by over 45%.
EBITDA margin for the quarter narrowed by 60 basis points to 7.3% from 7.9% year-on-year, while on a sequential basis, there was a nearly 300 basis points contraction in the margins.Net profit for the period stood at ₹28 crore, which is a 16.7% growth from last year, but a 44% decline from the March quarter.
Shares of Bharat Bijlee ended 6.5% lower on Wednesday at ₹3,060. The stock has declined 20% so far in 2025. Before today’s session, the stock had gained close to 20% in the last one month.
