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.
