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Bharat Dynamics reports 61% fall in Q3 net profit

07 Feb 2023 Evaluate

Bharat Dynamics has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 60.73% in its net profit at Rs 83.74 crore for the quarter under review as compared to Rs 213.26 crore for the same quarter in the previous year. Total income of the company decreased by 40.61% at Rs 498.02 crore for Q3FY23 as compared Rs 838.56 crore for the corresponding quarter previous year.

Bharat Dynamics is engaged in manufacturing of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), underwater weapons, launchers, countermeasures and test equipment.

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