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Bharat Forge net profit declines 9.14% in the March 2013 quarter

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Capital Market
Net profit of Bharat Forge declined 9.14% to Rs 50.08 crore in the quarter ended March 2013 as against Rs 55.12 crore during the previous quarter ended March 2012. Sales declined 30.92% to Rs 660.25 crore in the quarter ended March 2013 as against Rs 955.76 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 15.60% to Rs 305.59 crore in the year ended March 2013 as against Rs 362.07 crore during the previous year ended March 2012. Sales declined 13.88% to Rs 3089.18 crore in the year ended March 2013 as against Rs 3587.24 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales660.25955.76 -31 3089.183587.24 -14 OPM %21.4826.15 -18 23.1625.52 -9 PBDT128.95230.99 -44 664.41832.41 -20 PBT74.41177.48 -58 440.47617.48 -29 NP50.0855.12 -9 305.59362.07 -16

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First Published: May 27 2013 | 11:30 AM IST

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