Total expense rose 0.2% YoY to Rs 462.25 crore in Q2 FY23. Cost of raw material consumed stood at Rs 210.28 crore (down 30.9% YoY) and employee expenses stood at Rs 144.84 crore (up 2.4% YoY). Finance cost fell 6.9% to Rs 0.81 crore during the period under review.
Net cash generated from operating activities stood at Rs 147.49 crore in six months ended 30 September 2022 compared with Rs -315.20 crore in six months ended 30 September 2021.
Bharat Dynamics is engaged in the manufacturing of Missiles and allied Defence Equipments. The Company provides majority of its goods and services to the Indian Armed forces and Government of India.
The scrip was down 0.16% at Rs 973 on the BSE.
