Bharat Dynamics Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
BDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharat Dynamics Limited (BDL), a government-owned defence PSU, reported its Q1 FY26 results. Revenue from operations rose to ₹24,792.90 lakhs from ₹19,116.95 lakhs in Q1 FY25, a growth of about 30%. Total income (including other income) stood at ₹33,479.14 lakhs versus ₹27,154.95 lakhs last year. Profit before tax jumped to ₹2,313.31 lakhs from ₹1,123.34 lakhs (~106% growth), and net profit more than doubled to ₹1,834.98 lakhs from ₹721.63 lakhs. EPS for the quarter came in at ₹0.50 versus ₹0.20 in the year-ago quarter. The statutory auditor (Tej Raj & Pal) issued an unmodified limited review report, but drew attention to ₹8,331.44 lakhs of old, non-moving inventory (over 5 years) for which no provision was made, citing advances received from customers exceeding the related assets.
Strong topline and bottomline growth reflects healthy order execution, likely supported by defence order inflows. The auditor's emphasis on aged inventory is a watchpoint, though the company is backed by customer advances, which limits the immediate risk.