Bharat Forge has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 29.04% rise in its net profit at Rs 345.99 crore for Q2FY24 as compared to Rs 268.12 crore for the same quarter in the previous year. Total income of the company increased by 19.88% at Rs 2291.76 crore for Q2FY24 as compared Rs 1911.67 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 51.78% rise in its net profit at Rs 214.86 crore for the quarter under review as compared to Rs 141.56 crore for the same quarter in the previous year. Total income of the company increased by 22.56% at Rs 3826.67 crore for Q2FY24 as compared Rs 3122.27 crore for the corresponding quarter previous year.
