Hot Pursuit     21-Jun-21
Bharat Dynamics slips after weak Q4 performance
Bharat Dynamics fell 1.53% to Rs 350.85 after the company's net profit declined 15.9% to Rs 260.36 crore on 21.9% decline in revenue from operations to Rs 1,106.10 crore in Q4 FY21 over Q4 FY20.

Profit before tax in Q4 FY21 stood at Rs 337.75 crore, down 15.7% from Rs 400.43 crore in Q4 FY20.

The company recorded 51.8% decline in net profit to Rs 257.76 crore on 39.5% slide in revenue from operations to Rs 1,807.46 crore in FY21 over FY20.

The company's board has recommended a final dividend of Rs 0.65 per share for the year ended 31 March 2021.

Bharat Dynamics manufactures defense equipment. The company offers ammunitions, counter measures dispensing, infra-red interference indicators, and missile systems. It serves military and aerospace industries in India. As on 31 March 2020, the Government of India held 74.93% stake in the company.

Previous News
  Bharat Dynamics standalone net profit rises 4.92% in the June 2023 quarter
 ( Results - Announcements 04-Aug-23   14:29 )
  Bharat Dynamics fixes record date for interim dividend
 ( Market Beat - Reports 12-Mar-21   14:00 )
  Bharat Dynamics records turnover of Rs 2458 cr in FY23
 ( Corporate News - 05-Apr-23   09:04 )
  Bharat Dynamics provides operations update
 ( Corporate News - 27-Aug-20   15:41 )
  Board of Bharat Dynamics recommends Interim Dividend
 ( Corporate News - 13-Mar-21   10:10 )
  Board of Bharat Dynamics recommends final dividend
 ( Corporate News - 30-May-24   16:19 )
  Bharat Dynamics fixes record date for interim dividend
 ( Market Beat - Reports 02-Mar-21   11:51 )
  Bharat Dynamics wins order worth Rs 372.98 cr from Indian Air Force
 ( Corporate News - 02-Mar-21   11:35 )
  Board of Bharat Dynamics recommends final dividend
 ( Corporate News - 22-Jun-21   12:26 )
  Stock alert: Bharat Dynamics, Apollo Hospitals, Sunteck Realty, Subex, Hero MotoCorp
 ( Market Commentary - Stock Alert 31-May-24   08:34 )
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 ( Corporate News - 06-Jul-23   10:59 )
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