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Bharat Dynamics reports 42% fall in Q4 net profit

25 May 2023 Evaluate

Bharat Dynamics has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 42.22% fall in net profit at Rs 152.76 crore for the quarter under review as compared to Rs 264.36 crore for the same quarter in the previous year. Total income of the company decreased by 40.74% at Rs 835.43 crore for Q4FY23 as compared to Rs 1409.77 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 29.55% fall in its net profit at Rs 352.17 crore as compared to Rs 499.92 crore for the previous year. Total income of the company decreased by 9.69% at Rs 2644.79 crore for year under review as compared to Rs 2928.61 crore for year ended March 31, 2022.

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