Bharat Dynamics Ltd. (BDL) reported mixed Q2FY27 results with consolidated net profit declining 15.3% year-on-year to ₹183.5 crore compared to the corresponding quarter last year. According to exchange filings, the defence company achieved revenue from operations growth of 43.3% year-on-year to ₹1,644 crore, which was in-line with street expectations of ₹1,023 crore. The bottom-line broadly met analyst expectations of ₹186 crore, as reported by Bloomberg. As per latest market data, shares were trading at ₹1,060.00, down ₹40.00 or 3.64%, reflecting investor concerns about the company's profitability trajectory despite strong revenue growth.
The company faced significant pressure on operating profitability with Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) plunging 56.9% to ₹81 crore from ₹188 crore in the corresponding quarter of the last fiscal. As reported by exchange filings, EBITDA margin contracted sharply from 16% to 4.9% in the September quarter, significantly below the expected 15.8%. This substantial margin compression despite revenue growth highlights operational efficiency challenges that continue to impact the company's profitability metrics.
Shares of Bharat Dynamics Ltd. registered a sharp fall of 3.64% to ₹1,060.00 on the NSE after the results were declared, as reported by exchange filings. The stock has touched an intraday high of ₹1,128.00 and an intraday low of ₹1,028.40, showing significant volatility during the trading session. Trading volumes surged 179.54% to 270,285 shares compared to the five-day average of 96,688 shares, indicating heightened investor interest and activity around the quarterly results announcement.
