Bharat Dynamics Q3 FY25: Execution Gains Momentum, Profitability Impacted by One-off Provision

Bharat Dynamics Ltd (BDL) reported a mixed Q3 FY25 performance. Revenue surged 38% YoY to Rs 832 crore, driven by improved execution. However, net profit growth was limited to 9% YoY at Rs 147 crore due to a one-off provision of Rs 134.6 crore for an onerous contract. EBITDA margin contracted to 15.3% from 19.8% last year. The company declared an interim dividend of Rs 4 per share, with February 14, 2025, as the record date. Management expects growth momentum to continue, supported by a strong order book and improving supply chain. The stock reacted negatively, trading 0.5% lower post results announcement.

Sources: Business Today, CNBC TV18, Moneycontrol