Bharat Forge Q3FY22 consolidated PAT soars to Rs. 421.19 crores

Bharat Forge Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 2428.641 crores during the period ended December 31, 2021 as compared to Rs. 2423.895 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 421.191 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 271.193 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 9.05 for the period ended December 31, 2021 as compared to Rs. 5.82 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 2428.641 crs	₹2423.895 crs	0.20%
Net Profit	₹421.191 crs	₹271.193 crs	55.31%
EPS	₹9.05	₹5.82	55.50%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 2428.641 crores during the period ended December 31, 2021 as compared to Rs.1761.112 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.421.191 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.-209.208 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.9.05 for the period ended December 31, 2021 as compared to Rs.-4.49 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 2428.641 crs	₹1761.112 crs	37.90%
Net Profit	₹421.191 crs	₹-209.208 crs	301.33%
EPS	₹9.05	₹-4.49	301.56%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.7000.929 crores during the 9 Months period ended December 31, 2021 as compared to Rs.4369.931 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.846.033 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-334.987 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.18.17 for the 9 Months period ended December 31, 2021 as compared to Rs.-7.19 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹7000.929 crs	₹4369.931 crs	60.21%
Net Profit	₹846.033 crs	₹-334.987 crs	352.56%
EPS	₹18.17	₹-7.19	352.71%

Shares of Bharat Forge Limited was last trading in BSE at Rs. 748.00 as compared to the previous close of Rs. 723.25. The total number of shares traded during the day was 17680 in over 915 trades.

The stock hit an intraday high of Rs. 749.90 and intraday low of 729.40. The net turnover during the day was Rs. 13080452.00.

Source : Equity Bulls

Keywords

BharatForge Q3FY22 9MFY22 ResultUpdate