Market News
2 min read | Updated on February 06, 2025, 15:45 IST
SUMMARY
Bharat Dynamics on Thursday posted a 9% jump in its net profit to ₹147 crore for the third quarter of the current fiscal year (Q3 FY25), as against ₹135 crore in the year-ago quarter.
Stock list
The scrip of Bharat Dynamics is trading in green following its Q3 FY25 results announcement
Bharat Dynamics, a major PSU, announced its financial results for the third quarter of the current fiscal year (Q3 FY25) on Thursday, February 6, posting a 9% rise in its net profit to ₹147.12 crore. The company’s net profit in the year-ago period stood at ₹135.03 crore.
Its revenue from operations increased by 38% year-on-year (YoY) in the reporting quarter to ₹832.13 crore from ₹601.61 crore posted in Q3 FY24.
The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) in Q3 FY25 jumped 7% to ₹127 crore from ₹119 crore. Its EBITDA margin dropped to 15.3% as compared to 19.8% in the year-ago quarter.
The defence company also announced an interim dividend of ₹4 per share with a face value of ₹5 each for the financial year 2024-25, a company filing stated. The company has fixed February 14 as the record date for the interim dividend payment.
As of December 2024, the government held a 74.93% stake in Bharat Dynamics.
Following the Q3 earnings announcement, the PSU’s shares are trading 0.28% up at ₹1,218.50 apiece on the NSE on Thursday, February 6.
The company’s market capitalisation stands at ₹44,665.64 crore. The stock is over 32% below its 52-week high of ₹1,794.70 per share, which it hit in July 2024. However, it is 57% above the 52-week low of ₹776.05 apiece it hit in March last year.
About The Author
Next Story