Tuesday, 9 February 2016

Bharat Forge Q3 PAT at Rs. 166 cr; down 15.4%

The company posted one-time loss at Rs. 4.2 crore. The company's total income has decreased from Rs. 1,216.8 crore for the quarter ended December 31, 2014 to Rs. 1,075.1 crore for the quarter ended December 31, 2015.


Bharat Forge
Bharat Forge has reported results for the quarter ended December 31, 2015:

The company recorded a fall of 15.4% in its net profit at Rs.166 crore for the quarter ended December 31, 2015 as compared to Rs. 196.3 crore for the quarter ended December 31, 2014. The company's total cost has decreased by 7.54% at Rs. 802 crore for the quarter against Rs. 904 crore in the corresponding quarter of the previous year.

Total income has decreased from Rs. 1,216.8 crore for the quarter ended December 31, 2014 to Rs. 1,075.1 crore for the quarter ended December 31, 2015.

The company has declared an interim dividend of Rs. 3/- per equity share of Rs. 2/- each (150%).

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