Bharat Forge releases Consolidated Quarterly Results for March 31, 2023. Bharat Forge has announced an increase in total income from Rs. 3389.950 Crores as of December 31, 2022, to Rs. 3686.851 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 78.719 Crores as of December 31, 2022, to Rs. 127.742 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 1.78 on December 31, 2022, to Rs. 2.91 on March 31, 2023, according to the company’s statement.
Bharat Forge Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 3686.851 Crores (March 31, 2023) vs. Rs. 3389.950 Crores (December 31, 2022)
Net profit/loss: Rs. 127.742 Crores (March 31, 2023) vs. Rs. 78.719 Crores (December 31, 2022)
EPS: Rs. 2.91 (March 31, 2023) vs. Rs. 1.78 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 3686.851 Cr | ₹ 3389.950 Cr | ⬆ 8.76% |
| Net Profit | ₹ 127.742 Cr | ₹ 78.719 Cr | ⬆ 62.28% |
| EPS | ₹ 2.91 | ₹ 1.78 | ⬆ 63.48% |
Bharat Forge Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 3686.851 Crores (March 31, 2023) vs. Rs. 3656.049 Crores (March 31, 2022)
Net profit/loss: Rs. 127.742 Crores (March 31, 2023) vs. Rs. 231.858 Crores (March 31, 2022)
EPS: Rs. 2.91 (March 31, 2023) vs. Rs. 5.06 (March 31, 2022)
| Financials | Q4 FY2023 | Q4 FY2022 | % Change |
| Total Income | ₹ 3686.851 Cr | ₹ 3656.049 Cr | ⬆ 0.84% |
| Net Profit | ₹ 127.742 Cr | ₹ 231.858 Cr | ⬇ -44.91% |
| EPS | ₹ 2.91 | ₹ 5.06 | ⬇ -42.49% |
Bharat Forge Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 13083.116 Crores (March 31, 2023) vs. Rs. 10656.978 Crores (March 31, 2022)
Net profit/loss: Rs. 508.387 Crores (March 31, 2023) vs. Rs. 1077.061 Crores (March 31, 2022)
EPS: Rs. 11.35 (March 31, 2023) vs. Rs. 23.23 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 13083.116 Cr | ₹ 10656.978 Cr | ⬆ 22.77% |
| Net Profit | ₹ 508.387 Cr | ₹ 1077.061 Cr | ⬇ -52.80% |
| EPS | ₹ 11.35 | ₹ 23.23 | ⬇ -51.14% |
Bharat Forge Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹5.50 per Equity Share of Face Value of ₹2 each of the Company (275% of Face Value). Total Dividend for FY23 stood at ₹7 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹5.50 per Equity Share | After 18/08/2023 |
About Bharat Forge:
Bharat Forge Limited is a multinational Indian company that operates in several industries, including forging, automotive, energy, construction and mining, railways, marine, aerospace, and defense.
Download Full PDF Q4 Results of Bharat Forge:
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