Bharat Forge reports 48% fall in Q2 consolidated net profit

14 Nov 2022 Evaluate

Bharat Forge has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 14% in its net profit at Rs 268.12 crore for the quarter under review as compared to Rs 311.76 crore for the same quarter in the previous year. However, total income of the company increased by 16.65% at Rs 1911.67 crore for Q2FY23 as compared Rs 1638.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 47.66% in its net profit at Rs 141.56 crore for the quarter under review as compared to Rs 270.45 crore for the same quarter in the previous year. However, total income of the company increased by 28.81% at Rs 3122.27 crore for Q2FY23 as compared Rs 2423.90 crore for the corresponding quarter previous year.

Bharat Forge Share Price

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