New Delhi: State-owned Bharat Dynamics Limited (BDL) said in a regulatory filing on Tuesday that it has recorded a turnover of Rs 2,458 crore approximately (provisional and unaudited) for the financial year that ended on March 31. Further, the filing noted the company reported a turnover of Rs 2,817 crores in the previous fiscal year. Thus, the company registered a decrease of 14.6 percent in its turnover in the current fiscal year.
The filing also noted the reasons for the decrease in turnover and said, there was a delay in the receipt of imported electronic items and critical explosive materials from Original Equipment Manufacturers (OEMs). Further, it noted that there were changes in designs in the production of naval products and the delay in receipt of MR-SAM kits from OEM also resulted in non-completion of production.
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