Hot Pursuit     31-May-24
Bharat Dynamics Q4 PAT zooms 89% YoY to Rs 289 cr
The missiles maker’s net profit soared 89.04% to Rs 288.78 crore in Q4 FY24 as against Rs 152.76 crore recorded in Q4 FY23.

Revenue from operations stood at Rs 848.57 crore in the March quarter, up 6.5% from Rs 796.79 crore reported in Q4 FY23.

Profit before tax surged 88.46% year on year to Rs 387.87 crore in the quarter ended 31 March 2024.

On full year basis, the company's net profit zoomed 73.98% to Rs 612.72 crore despite of 4.41% decline in revenue to Rs 2,369.28 crore in FY24 over FY23.

Meanwhile, the firm’s board has recommended a final dividend of Rs 0.85 per share for the financial year ending 31 March 2024.

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.

Shares of Bharat Dynamics slipped 2.42% to Rs 1,509.25 on the BSE.

Previous News
  Bharat Dynamics standalone net profit rises 61.25% in the December 2023 quarter
 ( Results - Announcements 24-Jan-24   14:21 )
  Bharat Dynamics standalone net profit rises 1.53% in the March 2022 quarter
 ( Results - Announcements 26-May-22   17:31 )
  Bharat Dynamics gains after Q3 PAT soars 334% YoY to Rs 213 cr
 ( Hot Pursuit - 14-Feb-22   14:43 )
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  Bharat Dynamics fixes record date for interim dividend
 ( Market Beat - Reports 27-Jan-22   18:45 )
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 ( Hot Pursuit - 24-May-24   12:00 )
  Volumes jump at Bharat Dynamics Ltd counter
 ( Hot Pursuit - 08-Sep-20   11:00 )
  Bharat Dynamics to announce Quarterly Result
 ( Corporate News - 29-Jan-21   15:04 )
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 ( Corporate News - 02-Sep-21   15:20 )
  Bharat Dynamics gains after cabinet OKs Akash missile exports
 ( Hot Pursuit - 01-Jan-21   09:20 )
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 ( Corporate News - 11-Jun-21   16:07 )
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