From mint · Sharmila Bhadoria · · 1m
Defence PSUs: GRSE, HAL, BDL Q2 Results Race
GRSE and HAL post Q2 profit growth as BDL's profits fall.
In brief
GRSE and HAL post Q2 profit growth as BDL's profits fall. GRSE and HAL reported 12% and 16% year-on-year Q2 profit increases, while BDL's profits dropped 15%. Originally reported by mint.
Q2 Profit Results
GRSE reported 12% year-on-year profit growth to ₹172 crore for Q2 2026-27, while HAL saw 16% growth to ₹1,936 crore.
BDL Profit Decline
BDL reported a 15% decline in net profit to ₹180 crore with 46% drop in EBITDA.
Revenue Trends
GRSE revenue rose, HAL revenue surged 14.9% to ₹7,613.25 crore, BDL revenue increased 45% to ₹1,660 crore.
Technical Outlook
GRSE stock reversed from ₹1,850 lows with buy on dips near ₹2,160-2,205.
HAL Technical Analysis
HAL consolidating with RSI near 44, ₹5,176 resistance key for upside.
BDL Technical Analysis
BDL trading in downtrend with RSI near 42.6, support at ₹980-1,000.
Share Price Performance
HAL down 0.42%, BDL down 2.47%, GRSE down 1.13% on Friday, November 13.
What matters most
GRSE and HAL reported 12% and 16% year-on-year Q2 profit increases, while BDL's profits dropped 15%.
