India's Bharat Dynamics falls after posting decline in Q4 profit
28/05/2025 05:51
** Defense manufacturer Bharat Dynamics BARA.NS falls 4.22% to 1,876.8 rupees after Q4 results ** Co's Q4 revenue more than doubles to 17.77 billion rupees ($207.50 million), but profit declines 5.5% y/y ** Decline in profit led by jump in raw material costs and provisioning expense related to a global contract, says Nuvama ** In the last 12 months, stock up ~29% (Reporting by Ananta Agarwal in Bengaluru) ((Ananta.Agarwal@thomsonreuters.com))
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