Bharat Dynamics is expected to announce its Q2 results on Thursday. The defence company’s shares are trading up on Thursday morning.

What Happened: While two analysts expect the company to post revenue growth between 14% and 15%, one analyst said the company will see revenue decline in the quarter.

Antique expects the company to post a 7% year-on-year jump in net profit to ₹157.7 crore. It sees the company’s revenue gain by 14% to ₹701.5 crore.

Philip Capital also sees a strong quarter from the company with net profit of ₹170.8 crore, increasing 16% from the previous year and revenue to come at ₹708.2 crore, jumping 15%. The brokerage factored in the growth based on geopolitical impact on the supply chain and considered some execution done in the indigenous platform.

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On the other hand, Nirmal Bang expects the company to post a 90% decline in net profit to ₹13.6 crore and revenue to fall by 54% to ₹283.2 crore. The brokerage said that the company is facing supply chain challenges due to geo political risks which impacted its material procurement from foreign original equipment manufacturers.

In the previous year, BDL posted a net profit of ₹147.09 crore and revenue of ₹615.81 crore.

Price Action: Shares of BDL were up 2.65% to ₹1,005.15 on Thursday ahead of the results.

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