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Bharat Dynamics reports 16% fall in Q4 net profit

22 Jun 2021 Evaluate

Bharat Dynamics has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a fall of 15.93% in its net profit at Rs 260.37 crore for the quarter under review as compared to Rs 309.72 crore for the same quarter in the previous year. Total income of the company decreased by 20.54% at Rs 1162.08 crore for Q4FY21 as compared Rs 1462.45 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 51.81% in its net profit at Rs 257.77 crore as compared to Rs 534.90 crore for the previous year. Total income of the company decreased by 37.10% at Rs 2008.37 crore for year under review as compared to Rs 3192.92 crore for year ended March 31, 2020.

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