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 announces cessation of Director (Finance) & CFO
 ( Corporate News - 01-Feb-24   20:14 )
  Bharat Dynamics signs a contract with Indian Army
 ( Corporate News - 02-Dec-21   17:57 )
  Bharat Dynamics standalone net profit rises 94.00% in the September 2023 quarter
 ( Results - Announcements 03-Nov-23   15:48 )
  Bharat Dynamics standalone net profit declines 42.22% in the March 2023 quarter
 ( Results - Announcements 25-May-23   15:52 )
  Bharat Dynamics CMD retires
 ( Corporate News - 01-Apr-23   12:29 )
  Bharat Dynamics reports standalone net loss of Rs 20.95 crore in the June 2021 quarter
 ( Results - Announcements 13-Aug-21   17:27 )
  Bharat Dynamics to conduct board meeting
 ( Corporate News - 13-Jan-24   12:17 )
  Bharat Dynamics fixes record date for interim dividend
 ( Market Beat - Reports 14-Feb-22   16:06 )
  Bharat Dynamics standalone net profit rises 333.54% in the December 2021 quarter
 ( Results - Announcements 14-Feb-22   15:48 )
  Bharat Dynamics to convene AGM
 ( Corporate News - 03-Sep-22   17:48 )
  Board of Bharat Dynamics approves amendment to object clause in MoA
 ( Corporate News - 03-Nov-23   18:45 )
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