India, June 22 -- Babcock International Group (BAB.L), a British aerospace company, reported Monday lower profit for fiscal 2026, even as revenues were higher. Contract backlog declined, while the company raised annual dividend, and maintained outlook for fiscal 2027 and medium-term.
On the London Stock Exchange, the shares were losing around 4.11 percent, trading at 1,003.00 pence.
In the full year, profit before tax dropped to 283.7 million pounds from last year's 329.1 million pounds. Earnings per share were 41.3 pence, compared to 48.0 pence a year ago.
Underlying profit before tax was 267.2 million pounds, compared to 339.4 million pounds in the prior year. Underlying basic earnings per share were 39.6 pence, compared to last year's...