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Bharat Dynamics Q1 Results: Profit More Than Doubles

The defence firm posted a revenue jump of 29.7% to Rs 247.92 crore.

<div class="paragraphs"><p>Bharat Dynamics Q1 Results: Profit More Than Doubles (Photo Source: Envato)</p></div>
Bharat Dynamics Q1 Results: Profit More Than Doubles (Photo Source: Envato)

Bharat Dynamics Ltd.'s consolidated net profit more than doubled in the first quarter of the current financial year.

The defence firm posted a profit of Rs 18 crore in the June quarter as compared to Rs 7 crore in the year-ago period, according to an exchange filing on Tuesday.

Bharat Dynamics Q1 Highlights (Consolidated, YoY)

  • Revenue up 29.7% to Rs 247.92 crore versus Rs 191.16 crore

  • Net profit at Rs 18.3 crore versus Rs 7.21 crore

  • Ebitda loss of Rs 45.4 crore versus Rs 52.3 crore

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