2 weeks ago
Bharat Dynamics Q1 Net Profit Jumps Six-Fold; Shares Rise
Imagine a company that makes defence equipment, like missiles for the army and air force.
This company is called Bharat Dynamics.
Recently, it told everyone how much money it made in the first three months of the year.
The news was very good!
Its profit grew about six times bigger than before, meaning it made a lot more money than last year.
Its sales also grew a lot, by more than double.
Because people were happy with this news, they wanted to buy shares of the company.
When more people buy shares, the price goes up — the share price rose by more than 3%.
Now the whole company is worth over 51,000 crore rupees.
This shows the company is doing really well.
Bharat Dynamics reported a six-fold rise in Q1 net profit to Rs 118.79 crore from Rs 18.34 crore a year earlier.
Revenue from operations climbed 131% to Rs 572.24 crore against Rs 247.92 crore in the year-ago period.
Shares rose 3.45% to Rs 1,420 on the BSE after the earnings announcement.
The company's market capitalization increased to Rs 51,172 crore.
Around 4.84 lakh shares changed hands, with a turnover of Rs 67.04 crore.
- Who
- Bharat Dynamics, an aerospace and defence company
- What
- Reported Q1 earnings with net profit up six-fold to Rs 118.79 crore and revenue up 131% to Rs 572.24 crore
- Where
- On the Bombay Stock Exchange (BSE), where the company's shares are traded
- When
- Q1 of the current fiscal year, with shares rising on Friday
- Why
- The strong Q1 financial results boosted investor sentiment and drove the share price higher
Key facts
- Q1 Net Profit
- Rs 118.79 crore
- Year-Ago Net Profit
- Rs 18.34 crore
- Q1 Revenue from Operations
- Rs 572.24 crore
- Year-Ago Revenue
- Rs 247.92 crore
- Revenue Growth
- 131%
- Share Price Change
- +3.45% to Rs 1,420 on BSE
- Market Capitalization
- Rs 51,172 crore
- Shares Traded
- 4.84 lakh shares (turnover Rs 67.04 crore)











