Bharat Forge Ltd consolidated Q4 FY2023-24 net profit at Rs. 235.95 crores

Bharat Forge Limited has reported Consolidated financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4219.036 crores during the period ended March 31, 2024 as compared to Rs. 3922.362 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 235.953 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 264.546 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 5.07 for the period ended March 31, 2024 as compared to Rs. 5.68 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 4219.036 crs	₹3922.362 crs	7.56%
Net Profit	₹235.953 crs	₹264.546 crs	-10.81%
EPS	₹5.07	₹5.68	-10.74%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 4219.036 crores during the period ended March 31, 2024 as compared to Rs.3686.851 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.235.953 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.135.498 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.5.07 for the period ended March 31, 2024 as compared to Rs.2.91 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 4219.036 crs	₹3686.851 crs	14.43%
Net Profit	₹235.953 crs	₹135.498 crs	74.14%
EPS	₹5.07	₹2.91	74.23%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.15909.495 crores during the Financial Year ended March 31, 2024 as compared to Rs.13083.116 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.951.128 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.528.364 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.20.43 for the Financial Year ended March 31, 2024 as compared to Rs.11.35 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹15909.495 crs	₹13083.116 crs	21.60%
Net Profit	₹951.128 crs	₹528.364 crs	80.01%
EPS	₹20.43	₹11.35	80.00%

Shares of Bharat Forge Limited was last trading in BSE at Rs. 1408.10 as compared to the previous close of Rs. 1240.20. The total number of shares traded during the day was 456598 in over 20163 trades.

The stock hit an intraday high of Rs. 1446.55 and intraday low of 1209.00. The net turnover during the day was Rs. 618493523.00.

Source : Equity Bulls

Keywords

BharatForge Q4FY24 FY2024 ResultUpdate