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Bharat Forge Ltd Q2FY24; 51% rise in Profits

Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.

Financial Results:

Bharat Forge Ltd reported Revenues for Q2FY24 of ₹3,774.00 Crores up from ₹3,076.00 Crore year on year, a rise of 22.69%.

Total Expenses for Q2FY24 of ₹3,488.00 Crores up from ₹2,886.00 Crores year on year, a rise of 20.86%.

Consolidated Net Profit of ₹215.00 Crores up 51.41% from ₹142.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.88, up 55.91% from ₹3.13 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Automobile
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