Bharat Forge has reported results for third quarter ended December 31, 2016.
The company has reported 21.48% fall in its net profit at Rs 128.62 crore for the quarter ended December 31, 2016 as compared to Rs 163.81 crore for the same quarter in the previous year. Total income of the company decreased by 10.84% at Rs 1010.76 crore for the quarter under review as compared Rs 1133.64 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.
