Bharat Dynamics (BDL) Q2 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 25/26 earnings summary
14 Nov, 2025Executive summary
Unaudited financial results for the quarter and half year ended 30 September 2025 were approved by the Board on 13 November 2025.
Results have been reviewed by statutory auditors with no material misstatements identified.
Financial highlights
Revenue from operations for Q2 FY26 was ₹1,14,708.10 lakh, up from ₹53,546.08 lakh in Q1 FY26 and ₹1,37,817.36 lakh in Q2 FY25.
Profit before tax for Q2 FY26 stood at ₹28,761.45 lakh, compared to ₹2,313.31 lakh in Q1 FY26 and ₹31,074.76 lakh in Q2 FY25.
Net profit for Q2 FY26 was ₹21,588.37 lakh, up from ₹1,834.98 lakh in Q1 FY26 and ₹23,423.35 lakh in Q2 FY25.
Earnings per share (EPS) for Q2 FY26 was ₹5.89, compared to ₹0.50 in Q1 FY26 and ₹6.39 in Q2 FY25.
Outlook and guidance
Final dividend of ₹0.65 per equity share for FY25 approved at AGM held on 26 September 2025.
Latest events from Bharat Dynamics
- Revenue and profit fell year-over-year; interim dividend of ₹4.5 per share declared.BDL
Q3 25/2631 Jan 2026 - Revenue and profit fell sharply amid supply chain disruptions; recovery expected by late Q2 FY25.BDL
Q1 24/2525 Aug 2025 - Q2 FY25 saw a sharp profit recovery despite ongoing supply chain challenges.BDL
Q2 24/2525 Aug 2025 - Net profit increased, interim dividend declared, and key provisions recognized for contracts and inventory.BDL
Q3 24/2525 Aug 2025 - Revenue rose but net profit and EPS declined; final dividend of ₹0.65 per share recommended.BDL
Q4 24/2525 Aug 2025 - Q1 FY26 saw higher revenue and profit, with a final dividend proposed and clean audit review.BDL
Q1 25/2625 Aug 2025