MoneyWorks4Me

Bharat Forge registers 25% jump in Q3 net profit

08 Feb 2012 Evaluate

Bharat Forge has reported results for third quarter ended December 31, 2011.

The company has posted a growth of 24.84% in its net profit of Rs 103.13 crore for the quarter ended December 31, 2011 as compared to Rs 82.61 crore for the same quarter in the previous year. Total income has surged by 19.63% from Rs 789.52 crore for Q3FY11 to Rs 944.49 crore in the quarter under review.

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

Peers
Company Name CMP
Bharat Forge 1923.50
Ramkrishna Forgings 712.75
MM Forgings 628.35
Happy Forgings 2148.50
Balu Forge Inds. 525.05
View more..