Bharat Dynamics Q2 FY27 results: Net profit drops 15% YoY; revenue increases to ₹1,664 crore

The Hyderabad-based firm’s total revenue from operations increased 45% year-on-year (YoY) for the quarter at ₹1,664 crore as compared to ₹1,147 crore in Q2 FY26.

On the operation level, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) slipped 46% to ₹101 crore as against ₹187 crore in the corresponding period last year.

The EBITDA margin for Q2 FY27 contracted to 6.06% from 16.34% recorded in the same quarter of the previous fiscal.

According to the filing, the defence firm’s total expenses for the quarter under review advanced 62% YoY to ₹1,585 crore, from ₹980 crore in the same period a year earlier.

For half a year (H1 FY27), Bharat Dynamics’ net profit stood at ₹302 crore as compared to ₹234 crore on a YoY basis, marking a growth of 29%. Its revenue from operations for H1 FY27 surged 60% to ₹2,210 crore as against ₹1,378 crore in H1 FY26.

Other updates

Last month, the defence firm had signed a contract worth ₹801.79 crore with the Ministry of Defence (MoD).

As per a Press Information Bureau (PIB) report, the contract was signed for the procurement of 160 Satellite Smart Anti-Airfield Weapons (SAT-SAAW), along with associated equipment for the Indian Air Force (IAF) under the Buy (Indian - Indigenously Designed, Developed and Manufactured) category.

The delivery of SAT-SAAW is scheduled between 2027-2028 and 2028-2029.

Bharat Dynamics share price trends

At 2:12 PM, Bharat Dynamics shares were trading at ₹1,063.1 apiece on the National Stock Exchange, declining 3.35%.

From the beginning of the year, Bharat Dynamics shares have tumbled 28%. Over a month’s time, the stock has lost 2.3%, while for a six-month period, it has fallen 20%.

Shares of the firm had hit a 52-week high of ₹1,633.40 on November 14, 2025, and a 52-week low of ₹974 on October 29, 2026.

According to NSE data, as of November 12, 2026, Bharat Dynamics has a total market capitalisation of ₹38,949.10 crore.