Bharat Bijlee’s net profit falls by 52%; hits 10% lower circuit

Bharat Bijlee Limited a leading electrical engineering company in India manufacturing transformers and electric motors saw its share price drop 10% lower circuit to ₹4,760 after net profits fell 52% in Q1FY25. Quarterly revenue decreased 34% QoQ to ₹384.76 Crore. YoY revenue declined 15%, and net profits fell 8% to ₹23.93 Crore.