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Bharat Dynamics reports 5% rise in Q1 net profit

04 Aug 2023 Evaluate

Bharat Dynamics has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 4.92% rise in its net profit at Rs 41.82 crore for the quarter under review as compared to Rs 39.86 crore for the same quarter in the previous year. However, total income of the company decreased by 44.62% at Rs 405.17 crore for Q1FY24 as compared Rs 731.56 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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