Bharat Forge has reported results for first quarter ended June 30, 2014.
The company’s net profit has surged by 60.01% at Rs 144.97 crore as compared to Rs 90.60 crore for the quarter ended June 30, 2013. The company’s total income has increased by 22.41% to Rs 1012.32 crore for the quarter under review from Rs 826.98 crore for the corresponding quarter of the previous year.
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.
