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Bharat Gears standalone net profit declines 57.82% in the December 2022 quarter

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Capital Market

Sales rise 1.02% to Rs 189.35 crore

Net profit of Bharat Gears declined 57.82% to Rs 2.59 crore in the quarter ended December 2022 as against Rs 6.14 crore during the previous quarter ended December 2021. Sales rose 1.02% to Rs 189.35 crore in the quarter ended December 2022 as against Rs 187.44 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales189.35187.44 1 OPM %4.768.75 -PBDT8.6112.43 -31 PBT3.427.68 -55 NP2.596.14 -58

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First Published: Feb 10 2023 | 3:35 PM IST

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