Bharat Forge has reported results for third quarter ended December 31, 2015.
The company has reported 15.37% fall in its net profit at Rs 166.16 crore for the quarter ended December 31, 2015 as compared to Rs 196.34 crore for the same quarter in the previous year. The company’s total income has decreased by 11.65% to Rs 1075.13 crore for the quarter under review from Rs 1216.88 crore for the corresponding quarter of the previous year.
Bharat Forge (BFL) is the flagship company of the $3.0 billion Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Automotive, Oil & Gas, Power, Construction & Mining, Aerospace and Rail & Marine.
