Bharat Forge Q3 Results: Net profit falls 16.38% at Rs 212.78 crore

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Auto components large Bharat Forge Ltd connected Wednesday reported a 16.38 per cent diminution successful consolidated nett net astatine Rs 212.78 crore successful the 3rd 4th ended December 31, 2024, impacted by little revenue.

The institution had posted a nett of Rs 254.45 crore successful the 3rd 4th past fiscal, Bharat Forge Ltd (BFL) said successful a regulatory filing.

Revenue from operations successful the 4th nether reappraisal stood astatine Rs 3,475.55 crore arsenic against Rs 3,866.4 crore successful the corresponding play past fiscal, it added.

Total expenses successful the 3rd 4th were little astatine Rs 3,165.37 crore arsenic compared to Rs 3,529 crore successful the year-ago period, the institution said.

BFL said its committee has declared an interim dividend of Rs 2.5 per equity stock of look worth of Rs 2 each astatine the complaint of 125 per cent.

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