Bharat Forge reports consolidated net profit of Rs 208.61 crore in the March 2021 quarter

Sales rise 19.57% to Rs 2082.85 crore

Net profit of Bharat Forge reported to Rs 208.61 crore in the quarter ended March 2021 as against net loss of Rs 72.10 crore during the previous quarter ended March 2020. Sales rose 19.57% to Rs 2082.85 crore in the quarter ended March 2021 as against Rs 1741.92 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 126.38 crore in the year ended March 2021 as against net profit of Rs 349.83 crore during the previous year ended March 2020. Sales declined 21.35% to Rs 6336.26 crore in the year ended March 2021 as against Rs 8055.84 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales2082.851741.92 20 6336.268055.84 -21 OPM %19.267.27 -13.1313.30 - PBDT430.70134.15 221 892.941088.34 -18 PBT270.07-11.53 LP 280.78540.63 -48 NP208.61-72.10 LP -126.38349.83 PL

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