Auto components major Bharat Forge on Thursday reported a weak set of numbers for the fourth quarter (Q4) of FY25, with both net profit and revenue registering year-on-year (YoY) declines.
The company’s consolidated net profit fell 11.6 per cent to Rs 345.6 crore for the quarter ended March 31, compared to Rs 389.6 crore in the same period last fiscal, according to its stock exchange filing.
The revenue from operations also slipped 7.1 per cent year-on-year (YoY) to Rs 2,163 crore from Rs 2,329 crore in Q4 FY24 -- reflecting subdued demand conditions, especially in overseas commercial vehicle (CV) markets.
Bharat Forge’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) dropped 7 per cent to Rs 616.7 crore in Q4, down from Rs 659 crore in the corresponding quarter last fiscal.
However, EBITDA margin for the quarter stood at 28.5 per cent, slightly higher than 28.3 per cent a year ago period.