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  • Bharat Forge reported a 12.8% quarter-on-quarter (QoQ) growth in its consolidated revenues for the quarter ended September (Q2FY22). On a year-on-year (YoY) basis, the same grew by 72%.
  • Its expenses for the quarter were up by 10.6% QoQ and 50.6% YoY.
  • The company reported a net profit of Rs. 270 crore in Q2FY22 as against a net loss of Rs 1 crore in Q2FY21.
  • The earnings per share (EPS) of Bharat Forge stood at 5.8 during Q2FY22.

Bharat Forge’s Financial Statements for Q2FY22:

(Rs, crores) Q2FY21 Q1FY22 Q2FY22 QoQ (%) YoY (%)
Total Income 1,410 2,148 2,424 12.8% 72.0%
Total Expenses 1,376 1,874 2,073 10.6% 50.6%
Profit before tax 28 203 341 67.4% -
Tax 29 51 70 38.4% 143.2%
Profit after tax -1 153 270 77.1% -
Earnings per share - 3.3 5.8    

Data Source: BSE, Company announcements

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The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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