Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY | Stock Market News

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to  ₹147 crore, revenue drops 11% YoY | Stock Market News

Source: Live Mint

Bharat Dynamics on Thursday posted a net profit of 122.5 crore for the quarter ended September 2024, recording a fall of 16.7% from 147 crore in the year-ago period.

The state-run defence company’s revenue from operations in Q2FY25 declined 11.5% to 544.8 crore from 615.8 crore, year-on-year (YoY).

Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization (EBITDA) decreased 26.2% to 99 crore from 134 crore, while EBITDA margin narrowed to 18.2% from 21.8%, YoY.

At 2:15 pm, Bharat Dynamics shares were trading 0.95% higher at 988.90 apiece on the BSE. 



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