Bharat Forge Q3 revenue exceeds estimates, profit rises 28%
after close1 source ↓written by the desknot a recommendation
- YoY
- 25% increase
- to ₹750.3 cr
- 20.3%
Bharat Forge reported Q3 revenue of ₹4,343 cr, a 25% increase YoY, exceeding estimates of ₹4,045 cr. Net profit rose 28% to ₹272.8 cr, although it fell short of the ₹338 cr forecast. EBITDA grew 20.3% to ₹750.3 cr, surpassing expectations, despite a narrowing EBITDA margin.
Not investment advice. For informational purposes only.