The major contracts include Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs) under emergency procurement. The ATGM orders are scheduled to be executed over 42 months, while the SAM orders will be completed within 12 months.
The company also clarified that neither its promoters nor the promoter group has any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.
Bharat Dynamics is engaged in the manufacturing of missiles and allied defense equipment. The company provides the majority of its goods and services to the Indian Armed Forces and the Government of India.
The company’s standalone net profit jumped 76.2% to Rs 215.88 crore on an 114.2% surge in revenue from operations to Rs 1,147.08 crore in Q2 FY26 over Q2 FY24.