Bharat Electronics (BEL) Q4 FY26 net profit rose 5% to Rs 2,226 crore on 11% higher revenue of Rs 10,224 crore, supported by defense projects. Full-year net profit was Rs 6,062 crore (up 14%), and revenue hit Rs 27,610 crore (up 16%). BEL also declared a Rs 0.55 final dividend.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend