Bharat Forge has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported fall of 14.29% in its net profit at Rs 289.18 crore for Q3FY23 as compared to Rs 337.40 crore for the corresponding quarter previous year. However, total income of the company increased by 21.49% to Rs 1989.85 crore for the quarter under review as compared to Rs 1637.91 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 81.35% in its net profit at Rs 78.72 crore for Q3FY23 as compared to Rs 422.00 crore for the same quarter in the previous year. However, total income of the company increased by 39.58% to Rs 3389.95 crore for the quarter under review as compared to Rs 2428.64 crore for the same quarter in the previous year.
