Mumbai: Defence PSU Bharat Dynamics Limited reported a sharp decline in its financial performance for the fourth quarter of FY26, with both profit and revenue witnessing significant drops compared to the same period last year.
According to the company’s stock exchange filing, Bharat Dynamics posted a net profit of Rs 113 crore for the quarter ended March 31, 2026, marking a steep 59.5 per cent fall from Rs 273 crore reported in Q4 FY25.
Revenue from operations also tumbled 73 per cent year-on-year to Rs 480 crore during the January-March quarter, against Rs 1,777 crore in the corresponding quarter of the previous fiscal.
At the operational level, EBITDA declined sharply by 81.5 per cent to Rs 55.2 crore, compared to Rs 299 crore in the year-ago period. EBITDA margin too narrowed to 11.5 per cent from 16.8 per cent recorded in Q4 FY25.
Profit before tax stood at Rs 153 crore for the March quarter, down considerably from Rs 378 crore reported in the same quarter last year. Meanwhile, the company’s total income dropped 68 per cent to Rs 599 crore from Rs 1,876 crore a year ago.
Despite the weak quarterly performance, the company announced a final dividend of Rs 0.40 per share with a face value of Rs 5 each for the financial year ended March 31, 2026.
In its exchange filing, the company stated that the Board of Directors has recommended the dividend, which will be paid within 30 days of approval by shareholders at the upcoming Annual General Meeting (AGM).
Ahead of the earnings announcement, shares of Bharat Dynamics closed 3.51 per cent lower at Rs 1,283.40 on the BSE on Wednesday.
The stock has remained under pressure in recent weeks amid weak market sentiment. Over the past week, the stock slipped 1.57 per cent, while it declined 5.65 per cent in the last two weeks. On a year-to-date basis, the defence stock is down over 13 per cent.
With inputs from IANS