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Bharat Forge reports 71% rise in Q4 net profit

20 May 2015 Evaluate

Bharat Forge has reported result for the fourth quarter and year ended March 31, 2015.

The company has posted a rise of 70.77% in its net profit at Rs 203.18 crore for the quarter ended March 31, 2015 as compared to Rs 118.98 crore for the same quarter in the previous year. Total income of the company has increased by 29.16% at Rs 1243.92 crore for quarter under review as compared to Rs 963.12 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a jump of 79.78% in its net profit at Rs 718.98 crore as compared to Rs 399.93 crore for the same period in the previous year. Total income of the company has surged by 32.08% at Rs 4641.37 crore for year under review as compared to Rs 3513.97 crore for the period ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a rise of 52.96% in its net profit at Rs 762.53 crore as compared to Rs 498.53 crore for the same period in the previous year. Total income of company has increased by 13.46% at Rs 7761.51 crore for year under review as compared to Rs 6840.52 crore for the period ended March 31, 2014.

Peers
Company Name CMP
Bharat Forge 1905.50
Ramkrishna Forgings 691.80
MM Forgings 612.25
Happy Forgings 2111.60
Balu Forge Inds. 506.60
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