Bharat Forge standalone net profit declines 51.65% in the March 2018 quarter

Sales rise 30.29% to Rs 1466.61 crore

Net profit of Bharat Forge declined 51.65% to Rs 100.33 crore in the quarter ended March 2018 as against Rs 207.50 crore during the previous quarter ended March 2017. Sales rose 30.29% to Rs 1466.61 crore in the quarter ended March 2018 as against Rs 1125.66 crore during the previous quarter ended March 2017.

For the full year,net profit rose 20.89% to Rs 707.30 crore in the year ended March 2018 as against Rs 585.07 crore during the previous year ended March 2017. Sales rose 37.55% to Rs 5315.97 crore in the year ended March 2018 as against Rs 3864.67 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1466.611125.66 30 5315.973864.67 38 OPM %28.4828.42 -28.9127.75 - PBDT421.59323.59 30 1570.631099.32 43 PBT351.08249.20 41 1263.88804.47 57 NP100.33207.50 -52 707.30585.07 21

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