Bharat Forge has reported results for second quarter ended September 30, 2015.
The company has reported 0.33% rise in its net profit after tax at Rs 175.06 crore for the quarter ended September 30, 2015 as compared to Rs 174.49 crore for the same quarter in the previous year. However, the company’s total income has decreased marginally by 2.22% to Rs 1142.27 crore for the quarter under review from Rs 1168.25 crore for the corresponding quarter of the previous year.
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.