Bharat Forge has reported results for third quarter ended December 31, 2021.
The company has reported around 4-fold jump in its net profit at Rs 337.40 crore for the quarter under review as compared to Rs 92.71 crore for the same quarter in the previous year. Total income of the company increased by 52.94% at Rs 1,637.91 crore for Q3FY22 as compared Rs 1,070.96 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net profit of Rs 422 crore for the quarter under review as compared to net loss of Rs 210.45 crore for the same quarter in the previous year. Total income of the company increased by 37.90% at Rs 2,428.64 crore for Q3FY22 as compared Rs 1,761.11 crore for the corresponding quarter previous year.
