Bharat Forge Q3 net profit slides 16% to ₹213 crore

Bharat Forge Ltd. reported 16% decline in Q3 consolidated net profit to ₹213 crore from ₹254 crore in the year-ago period.

The company’s consolidated revenue from operations for the period ended December 31, 2024 dropped 10% to ₹3.476 crore from ₹3,866 crore in the same period last year.

On a standalone basis, the company’s net profit fell 8% to ₹346 crore from ₹378 crore a year earlier.

Standalone revenue from operations fell 7% to ₹2,096 crore from ₹2,263 crore in the same period last year.