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Bharat Forge reports standalone net loss of Rs 56.31 crore in the June 2020 quarter

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Capital Market

Sales decline 68.29% to Rs 426.97 crore

Net loss of Bharat Forge reported to Rs 56.31 crore in the quarter ended June 2020 as against net profit of Rs 174.13 crore during the previous quarter ended June 2019. Sales declined 68.29% to Rs 426.97 crore in the quarter ended June 2020 as against Rs 1346.57 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales426.971346.57 -68 OPM %-0.6625.96 -PBDT9.23350.83 -97 PBT-71.61262.23 PL NP-56.31174.13 PL

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First Published: Aug 12 2020 | 2:29 PM IST

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