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Bharat Forge consolidated net profit rises 13.00% in the March 2022 quarter

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Capital Market

Sales rise 71.55% to Rs 3573.09 crore

Net profit of Bharat Forge rose 13.00% to Rs 235.72 crore in the quarter ended March 2022 as against Rs 208.61 crore during the previous quarter ended March 2021. Sales rose 71.55% to Rs 3573.09 crore in the quarter ended March 2022 as against Rs 2082.85 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 1081.76 crore in the year ended March 2022 as against net loss of Rs 126.38 crore during the previous year ended March 2021. Sales rose 65.10% to Rs 10461.08 crore in the year ended March 2022 as against Rs 6336.26 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales3573.092082.85 72 10461.086336.26 65 OPM %15.2019.26 -18.9613.13 - PBDT563.56430.70 31 2018.41892.94 126 PBT349.74270.07 29 1288.10280.78 359 NP235.72208.61 13 1081.76-126.38 LP

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First Published: May 16 2022 | 1:53 PM IST

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