05 Nov, 09:29 - Indian

SENSEX 78742.56 (-0.05)

Nifty 50 23983.7 (-0.05)

Nifty Bank 51185 (-0.06)

Nifty IT 40508.3 (0.21)

Nifty Midcap 100 55768.8 (-0.03)

Nifty Next 50 69235.2 (-0.26)

Nifty Pharma 22726.3 (0.39)

Nifty Smallcap 100 18424 (0.00)

05 Nov, 09:29 - Global

NIKKEI 225 38555.52 (1.32)

HANG SENG 20823.36 (1.24)

S&P 5757.75 (0.04)


You are Here : Home > Research

09-Aug-2024

Bharat Forge

OP up 24.45% and NP down 9.22%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Bharat Forge has increased 5.90% to Rs 4106.15 crore compared to quarter ended June 2023. Sales of Forgings segment fell 3.00% to Rs 3,377.90 crore (accounting for 79.81% of total sales).  Sales of Others segment has gone down 54.27% to Rs 212.74 crore (accounting for 5.03% of total sales).  Inter-segment sales rose Rs 70.36 crore to Rs 126.20 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 30.01% to Rs 593.68 crore.  PBIT of Forgings segment rose 20.76% to Rs 509.94 crore (accounting for 85.89% of total PBIT).  PBIT of Others reported loss of Rs 2.23 crore compared to profit of Rs 34.37 crore.  

PBIT margin of Forgings segment rose from 12.13% to 15.10%.  PBIT margin of Others segment fell from 7.39% to 1.05%.  Overall PBIT margin rose from 11.57% to 14.03%.&nbs...



Pleaselogin & subscribe to view the full report.

More Reports
  • Results-Analysis   (09-Aug-2024)

    Bharat Forge

    OP up 24.45% and NP down 9.22%

  • Results-Analysis   (09-May-2024)

    Bharat Forge

    OP up 46.71%

  • Analyst Meet / AGM-Conference Call   (08-May-2024)

    Bharat Forge

    Growth outlook remains positive in FY25 supported by strong defence business and ramp-up of exports

  • Results-Analysis   (13-Feb-2024)

    Bharat Forge

    OPM jumped 406 bps