Bharat Forge has reported results for second quarter ended September 30, 2016.
The company has reported 26.34% fall in its net profit at Rs 126.89 crore for the quarter under review as compared to Rs 172.27 crore for the same quarter in the previous year. Total income of the company decreased by 19.37% at Rs 966.82 crore for the quarter under review as compared Rs 1199.14 crore for the corresponding quarter 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.
