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Bharat Forge - Quaterly Results

14 Feb 2023 Evaluate
The revenue for the December 2022 quarter is pegged at Rs. 19521.01 millions, about 21.85% up against Rs. 16020.95 millions recorded during the year-ago period.A slender decline of -14.29% was recorded to Rs. 2891.79  millions from Rs. 3373.97 millions in the corresponding previous quarter.Operating profit for the quarter ended December 2022 rose to 5728.28 millions as compared to 4436.66 millions of corresponding quarter ended December 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 19521.01 16020.95 21.85 55754.28 45805.30 21.72 62546.12 36515.12 71.29
Other Income 377.47 358.16 5.39 1114.19 1013.45 9.94 1675.02 1404.57 19.26
PBIDT 5728.28 4436.66 29.11 15345.90 13859.02 10.73 18832.32 8680.80 116.94
Interest 848.51 118.16 618.10 1469.31 665.57 120.76 1073.01 779.15 37.72
PBDT 4922.58 5277.77 -6.73 13882.87 13536.25 2.56 18077.34 7809.82 131.47
Depreciation 1079.07 1031.16 4.65 3208.93 3075.88 4.33 4117.91 3660.75 12.49
PBT 3843.51 4246.61 -9.49 10673.94 10460.37 2.04 13959.43 4149.07 236.45
TAX 951.72 872.64 9.06 2664.41 2301.94 15.75 3181.40 1028.13 209.44
Deferred Tax -74.39 -68.77 8.17 -174.62 -239.41 -27.06 -146.82 145.92 -200.62
PAT 2891.79 3373.97 -14.29 8009.53 8158.43 -1.83 10778.03 3120.94 245.35
Equity 931.27 931.27 0.00 931.27 931.27 0.00 931.27 931.27 0.00
PBIDTM(%) 29.34 27.69 5.96 27.52 30.26 -9.03 30.11 23.77 26.65
Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 687.95
MM Forgings 597.00
Happy Forgings 2078.50
Balu Forge Inds. 498.45
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