Bharat Forge standalone net profit rises 27.51% in the March 2022 quarter

Sales rise 28.05% to Rs 1674.08 crore

Net profit of Bharat Forge rose 27.51% to Rs 261.96 crore in the quarter ended March 2022 as against Rs 205.45 crore during the previous quarter ended March 2021. Sales rose 28.05% to Rs 1674.08 crore in the quarter ended March 2022 as against Rs 1307.35 crore during the previous quarter ended March 2021.

For the full year,net profit rose 245.35% to Rs 1077.80 crore in the year ended March 2022 as against Rs 312.09 crore during the previous year ended March 2021. Sales rose 71.29% to Rs 6254.61 crore in the year ended March 2022 as against Rs 3651.51 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1674.081307.35 28 6254.613651.51 71 OPM %25.7627.47 -27.4319.93 - PBDT456.59377.40 21 1775.93790.16 125 PBT352.39276.78 27 1364.14424.08 222 NP261.96205.45 28 1077.80312.09 245

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