Tuesday 4 February 2014

Bharat Forge reports 98% jump in Q3 net profit

Bharat Forge has reported results for third quarter ended December 31, 2013.

The company has reported 97.74% rise in its net profit at Rs 93.97 crore for the quarter, as compared to Rs 47.52 crore for the same quarter in the previous year. Total income of the company increased by 23.90% at Rs 857.47 crore for quarter under review as compared to Rs 692.03 crore for the quarter ended December 31, 2012.

Bharat Forge engages in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

No comments:

Post a Comment