Quarterly Results

202605 Results Summary

Revenue

The revenue stands at ₹ crore, reflecting a quarter-on-quarter *(QoQ) decrease of per cent from ₹ crore. This corresponds to a year-on-year *(YoY) decline of per cent.

Operating Profit

Operating Profit stands at ₹ crore, reflecting a quarter-on-quarter *(QoQ) decrease of per cent from ₹ crore. This corresponds to a year-on-year *(YoY) decline of per cent.

PBDT

PBDT stands at ₹ crore, reflecting a quarter-on-quarter *(QoQ) decrease of per cent from ₹ crore. This corresponds to a year-on-year *(YoY) decline of per cent.

Profit Before Tax

Profit Before Tax stands at ₹ crore, reflecting a quarter-on-quarter *(QoQ) decrease of per cent from ₹ crore. This corresponds to a year-on-year *(YoY) decline of per cent.

Net Profit

Net Profit stands at ₹ crore, reflecting a quarter-on-quarter *(QoQ) decrease of per cent from ₹ crore. This represents a per cent year-on-year *(YoY) decline for the same year.

  • YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

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Earnings

CategoryQ4 FY25-26Q4 FY24-25Change %FY25-26FY24-25Change %
Total Revenue10,224.439,149.5911.7527,610.1123,768.7516.16
Expenses7,242.786,333.5314.3619,560.7816,935.0515.50
Other Income110.25194.64-43.36566.03742.36-23.75
Operating Profit2,981.652,816.065.888,615.367,576.0613.72
Depreciation172.95137.5825.71555.67467.3818.89
Interest1.615.86-72.536.739.68-30.48
Profit Before Tax2,929.502,873.271.968,052.967,099.0013.44
Tax703.15746.25-5.782,064.401,770.3516.61
Net Profit2,226.352,127.024.676,023.475,287.1513.93
CategoryQ4 FY25-26Q3 FY25-26Change %
Total Revenue10,224.437,153.8542.92
Expenses7,242.785,026.6144.09
Other Income110.25138.54-20.42
Operating Profit2,981.652,127.2440.17
Depreciation172.95135.4427.69
Interest1.612.03-20.69
Profit Before Tax2,929.502,137.8237.03
Tax703.15558.1225.99
Net Profit2,226.351,579.7040.93

Research Reports

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Financial Reports

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Corporate Information

Company News

Motilal Oswal sector of the week: Capital Goods; check top stock picks here

Overall, the sector's medium-term outlook remains constructive, driven by energy transition investments, defence indigenisation, and digital infrastructure buildout

Updated On: 08 Apr 2026 | 6:41 AM IST

Defence index surges 7%; Shipbuilding stocks GRSE, Mazagon zoom up to 19%

Among the defence stocks, Paras Defence, Bharat Dynamics, Apollo Micro Systems, BEML, Midhani, Bharat Electronics and Astra Microwave gained between 8% and 10% in Wednesday's intra-day trade.

Updated On: 01 Apr 2026 | 11:04 AM IST

Astral, Glenmark, Nalco among high conviction F&O bets in April: Systematix

The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.

Updated On: 01 Apr 2026 | 1:27 PM IST

BEL shares rally 7% on ₹1,950 crore deal win; analyst stays bullish

BEL share price today: Investor sentiment around BEL was buoyed after the Defence Ministry inked a ₹1,950 crore deal for the procurement of two mountain radars and related infrastructure for IAF

Updated On: 01 Apr 2026 | 10:10 AM IST

Motilal Oswal sector of the week: Defence; BEL, Bharat Dynamics top picks

A key growth driver for the defence sector remains the robust pipeline of Acceptance of Necessity (AoN) approvals, which typically convert into orders over the next two to three years

Updated On: 01 Apr 2026 | 8:01 AM IST

Motilal Oswal sector of the week: Defence; check top bets, target here

Tensions in West Asia is expected to support sustained demand for defence equipment such as missiles, air-defence systems, surveillance technologies, and electronic warfare solutions, believes MOFSL

Updated On: 17 Mar 2026 | 9:47 AM IST

Middle East crisis to boost defence demand; Motilal Oswal favours 4 stocks

Motilal Oswal Financial Services has a 'Buy' rating on Bharat Electronics, Hindustan Aeronautics, Bharat Dynamics, and Astra Microwave Products

Updated On: 10 Mar 2026 | 11:37 AM IST

BEL, GRSE: Defence stocks fall after 17% rally amid Iran war; time to buy?

The recent up move in Nifty Defence reflects renewed buying after a long phase of consolidation, says Om Mehra, technical analyst at SAMCO Securities. The analyst is bullish on BEL, BDL and GRSE.

Updated On: 09 Mar 2026 | 9:48 AM IST

HDFC Sec initiates coverage on 8 defence stocks; HAL, BEL among top picks

The brokerage in its note highlighted that the global defence sector has entered a structurally elevated growth phase, driven by persistent geopolitical conflicts

Updated On: 09 Mar 2026 | 7:49 AM IST

Defence stocks surge; Nifty India Defence hits 7-mth high, up 6% in 2 days

In the past one month, the Nifty India Defence index has rallied 11 per cent, as against 4 per cent fall in the Nifty 50.

Updated On: 06 Mar 2026 | 12:24 PM IST
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