{"id":367745,"date":"2020-08-14T10:48:28","date_gmt":"2020-08-14T05:18:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367745"},"modified":"2020-08-14T12:14:02","modified_gmt":"2020-08-14T06:44:02","slug":"bharat-forge-surges-16-post-june-quarter-nos-heres-what-brokerages-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bharat-forge-surges-16-post-june-quarter-nos-heres-what-brokerages-say\/","title":{"rendered":"Bharat Forge surges 16% post June quarter nos; here&#8217;s what brokerages say"},"content":{"rendered":"<p>Bharat Forge shares ended nearly 16 per cent higher at Rs 502.80 on the BSE on Thursday even after the company reported a consolidated loss of Rs 127.3 crore for the quarter ended June 30. The company had posted a consolidated profit of Rs 171.9 crore in the April-June period of the previous fiscal.<\/p>\n<p>Revenue from operations came in at Rs 1,154.2 crore against Rs 2,327.8 crore in the year-ago period while its income during the April-June period declined to Rs 1,199.2 crore from Rs 2,372.7 crore in the year-ago period. <\/p>\n<p>\u201cThe quarter gone by was impacted by the Covid-19 pandemic and the stringent measures adopted by countries to control the spread. The government imposed economic lockdown coupled with lower underlying demand had an adverse impact on sales,&#8221; said BN Kalyani, Chairman &amp; Managing Director.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Forge shares ended nearly 16 per cent higher at Rs 502.80 on the BSE on Thursday even after the company reported a consolidated loss of Rs 127.3 crore for the quarter ended June 30. The company had posted a consolidated profit of Rs 171.9 crore in the April-June period of the previous fiscal. Revenue from operations came in at Rs 1,154.2 crore against Rs 2,327.8 crore in the year-ago period while its income during the April-June period declined to Rs 1,199.2 crore from Rs 2,372.7 crore in the year-ago period. \u201cThe quarter gone by was impacted by the Covid-19 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-367745","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367745"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367745\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}