Bharat Forge Ltd posts consolidated PAT of Rs. 271.19 crore in Q2FY22

Bharat Forge Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2423.895 crores during the period ended September 30, 2021 as compared to Rs. 2148.393 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 271.193 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 153.649 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 5.82 for the period ended September 30, 2021 as compared to Rs. 3.30 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 2423.895 crs	₹2148.393 crs	12.82%
Net Profit	₹271.193 crs	₹153.649 crs	76.50%
EPS	₹5.82	₹3.30	76.36%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 2423.895 crores during the period ended September 30, 2021 as compared to Rs.1409.574 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.271.193 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.0.032 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.5.82 for the period ended September 30, 2021 as compared to Rs.0.0006 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 2423.895 crs	₹1409.574 crs	71.96%
Net Profit	₹271.193 crs	₹0.032 crs	847,378.13%
EPS	₹5.82	₹0.0006	969,900.00%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.4572.288 crores during the 6 Months period ended September 30, 2021 as compared to Rs.2608.819 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.424.842 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-125.779 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.9.12 for the 6 Months period ended September 30, 2021 as compared to Rs.-2.70 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹4572.288 crs	₹2608.819 crs	75.26%
Net Profit	₹424.842 crs	₹-125.779 crs	437.77%
EPS	₹9.12	₹-2.70	437.78%

Shares of Bharat Forge Limited was last trading in BSE at Rs. 782.50 as compared to the previous close of Rs. 831.15. The total number of shares traded during the day was 123183 in over 3837 trades.

The stock hit an intraday high of Rs. 824.70 and intraday low of 777.75. The net turnover during the day was Rs. 97964002.00.

Source : Equity Bulls

Keywords

BharatForge Q2FY22 H1FY22 ResultUpdate