Bharat Forge Ltd Q1 FY2022-23 consolidated net profit at Rs. 164.45 crores

Bharat Forge Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2884.043 crores during the period ended June 30, 2022 as compared to Rs. 3656.049 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 164.451 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 235.723 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.53 for the period ended June 30, 2022 as compared to Rs. 5.06 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 2884.043 crs	₹3656.049 crs	-21.12%
Net Profit	₹164.451 crs	₹235.723 crs	-30.24%
EPS	₹3.53	₹5.06	-30.24%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 2884.043 crores during the period ended June 30, 2022 as compared to Rs.2148.393 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.164.451 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.153.649 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.53 for the period ended June 30, 2022 as compared to Rs.3.30 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 2884.043 crs	₹2148.393 crs	34.24%
Net Profit	₹164.451 crs	₹153.649 crs	7.03%
EPS	₹3.53	₹3.30	6.97%

Shares of Bharat Forge Limited was last trading in BSE at Rs. 714.75 as compared to the previous close of Rs. 712.15. The total number of shares traded during the day was 15947 in over 799 trades.

The stock hit an intraday high of Rs. 720.00 and intraday low of 711.10. The net turnover during the day was Rs. 11393592.00.

Source : Equity Bulls

Keywords

BharatForge Q1FY23 ResultUpdate