2 weeks ago

Bharat Dynamics Q1 Net Profit Jumps Six-Fold; Shares Rise

Bharat Dynamics Q1 Net Profit Jumps Six-Fold; Shares Rise
Bharat Dynamics Q1 earnings: Net profit jumps six fold, revenue at Rs 572 crore · businesstoday.in

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.

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)

Sources

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