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Bharat Forge consolidated net profit declines 80.41% in the December 2022 quarter

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Capital Market

Sales rise 40.03% to Rs 3353.36 crore

Net profit of Bharat Forge declined 80.41% to Rs 82.50 crore in the quarter ended December 2022 as against Rs 421.19 crore during the previous quarter ended December 2021. Sales rose 40.03% to Rs 3353.36 crore in the quarter ended December 2022 as against Rs 2394.69 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales3353.362394.69 40 OPM %13.0920.85 -PBDT366.41508.85 -28 PBT180.83332.77 -46 NP82.50421.19 -80

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First Published: Feb 14 2023 | 4:19 PM IST

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