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The company also clarified that neither its promoters nor the promoter group has any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.
Bharat Dynamics is engaged in the manufacturing of missiles and allied defense equipment. The company provides the majority of its goods and services to the Indian Armed Forces and the Government of India.
The company’s standalone net profit jumped 76.2% to Rs 215.88 crore on an 114.2% surge in revenue from operations to Rs 1,147.08 crore in Q2 FY26 over Q2 FY24.
Total expenses soared 111.05% to Rs 979.98 crore in Q2 FY26, compared with Rs 464.33 crore in Q2 FY25. Cost of material consumed stood at Rs 781.66 crore (up 272.18% YoY), employee benefit expenses was at Rs 162.38 crore (up 14.42% YoY) and finance cost was at Rs 1.34 crore (up 83.56% YoY) during the period under review.
On half-yearly basis, the company’s standalone net profit increased 80.5% to Rs 234.23 crore on 90.6% increase in revenue from operations to Rs 1,378.17 crore in H1 FY26 over H1 FY24.
Meanwhile, the company has signed a contract worth Rs 2,095.70 crore with Ministry of Defence for supply of Invar Anti-tank missiles for the Indian Army. The said order will be executed in a span of 3 years.
Bharat Dynamics Ltd rose 5.04% today to trade at Rs 1595. The BSE Capital Goods index is up 0.05% to quote at 70698.47. The index is up 2.33 % over last one month. Among the other constituents of the index, Titagarh Rail Systems Ltd increased 2.31% and Zen Technologies Ltd added 1.69% on the day. The BSE Capital Goods index went up 7.08 % over last one year compared to the 8.35% surge in benchmark SENSEX.
Bharat Dynamics Ltd has added 6.22% over last one month compared to 2.33% gain in BSE Capital Goods index and 1.76% rise in the SENSEX. On the BSE, 53821 shares were traded in the counter so far compared with average daily volumes of 79952 shares in the past one month. The stock hit a record high of Rs 2096 on 30 May 2025. The stock hit a 52-week low of Rs 897.15 on 18 Nov 2024.