Bharat Dynamics Limited: A Glimpse into India’s Defence Tech Powerhouse
Trade Brains
JANUARY 31, 2024
As per the company’s reports, the reason for the declined revenues and profit was delays in obtaining crucial electronic components and explosive materials from Foreign Original Equipment Manufacturers (OEM) which resulted in non-completion of scheduled production. The profit after tax amounted to Rs 352 Crore, from Rs 500 Crore in FY22.
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