Bharat Forge has reported results for third quarter ended December 31, 2014.
The bank has reported over two fold rise in its net profit at Rs 196.34 crore for the quarter ended December 31, 2014 as compared to Rs 93.97 crore for the same quarter in the previous year. Total income of the bank has increased by 41.92% at Rs 1216.88 crore for quarter under review as compared to Rs 857.47 crore for the quarter ended December 31, 2013.
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.