Shares of Bharat Dynamics fell over 8% today, May 29 after the defence PSU announced fourth quarter results for fiscal 2025-26 a day prior.
Bharat Dynamics shares dropped 8.33% intraday to Rs 1175.4 apiece. The scrip was trading 6.65% lower at 11:28 am, while the benchmark Nifty 50 index was 0.05% down.
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The defence PSU reported a 58.5% drop in net profit at Rs 113 crore in the Q4FY26 against Rs 273 crore in the corresponding quarter previous year.
Revenue declined 73% to Rs 480 crore for the quarter ended on March 31, 2026 from Rs 1,777 crore in the same period last year. In terms of operations, EBITDA dipped 81.5% to Rs 55.2 crore for the quarter under review against Rs 299 crore in Q4FY25. EBITDA margin remained at 11.5% against 16.8% in the Janaury to March quarter of the preceding fiscal year.
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