Bharat Forge Q3 Results: Profit Drops 16%, Dividend Declared

Bharat Forge Q3 Results: Net Profit Falls 16% to Rs 212 Crore

Bharat Forge Ltd, a prominent auto components manufacturer, has reported a 16.38 percent decline in consolidated net profit to Rs 212.78 crore in the third quarter ended December 31, 2024. This decrease was primarily attributed to lower revenue during the period.

Key Financial Results for Q3

• Net Profit: Decreased by 16.38% to Rs 212.78 crore compared to Rs 254.45 crore in the same quarter last fiscal.
• Revenue from Operations: Stood at Rs 3,475.55 crore, down from Rs 3,866.4 crore in the corresponding period last fiscal.

Expense Management

Despite the decline in profit and revenue, Bharat Forge managed to lower its total expenses:

• Total Expenses: Lower at Rs 3,165.37 crore compared to Rs 3,529 crore in the year-ago period.

Interim Dividend

In positive news for shareholders, Bharat Forge's board has declared an interim dividend:

• Interim Dividend: Rs 2.5 per equity share of face value of Rs 2 each, at the rate of 125 percent.

In summary, Bharat Forge's Q3 results reflect the challenges faced in the auto components sector, with lower revenue impacting the bottom line. However, effective expense management and the declaration of an interim dividend provide some relief for investors.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Read More

Bharat Forge Dividend 2025: Record & Payment Date

Bharat Forge Announces Dividend for 2025: Record Date and Payment Details

Bharat Forge, led by Baba Kalyani, has declared an interim dividend for its shareholders despite reporting a decline in net profit for the third quarter of FY25. The announcement was made following a board meeting on Wednesday, February 12.

Interim Dividend Details

The board has approved an interim dividend of Rs 2.5 per equity share, with a face value of Rs 2 each. This represents a dividend payout of 125%.

Key Dates

• Record Date: February 18, 2025
• Payment Date: On or before March 12, 2025

Understanding the Record Date

The record date is crucial as it determines which shareholders are eligible to receive the declared dividend. Only those shareholders whose names appear in the Company's Register of Members or in the records of the Depositories as beneficial owners of the shares on the record date (February 18, 2025) will be entitled to the dividend.

Bharat Forge Q3 Results (FY25)

While announcing the dividend, Bharat Forge also reported its Q3 financial performance:

• Net Profit: A 16.38% year-on-year decline, at Rs 212.78 crore.
• Revenue from Operations: Fell over 10% YoY to Rs 3,475.55 crore.
• EBITDA: Dropped 5% YoY to Rs 637.8 crore.
• EBITDA Margin: Stood at 18.4%.

Q3 Expenses

The company’s total expenses in the third quarter came in at Rs 3,165.37 crore, compared to Rs 3,529 crore in the year-ago period.

Despite the decline in net profit and revenue, Bharat Forge's decision to declare an interim dividend reflects its commitment to rewarding shareholders. The record date and payment date are key pieces of information for investors looking to benefit from this payout.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Read More