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BCL Forgings reports net loss of Rs 2.05 crore in Q1

17 Aug 2012 Evaluate

BCL Forgings has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a net loss of Rs 2.05 crore for the quarter ended June 30, 2012 against net loss of Rs 1.05 crore for the corresponding period last fiscal. Total income decreased by 50% at Rs 5.00 crore during the quarter under review from Rs 10.00 crore in the year-ago period.

BCL Forgings is the leading manufacturers of carbon & alloy Steel forging & machined components. They are producing forgings as per national & International specifications. Their manufacturing capacity is 1600 ton / month.

Peers
Company Name CMP
Bharat Forge 1866.10
Ramkrishna Forgings 695.00
MM Forgings 568.15
Happy Forgings 2004.30
Balu Forge Inds. 488.50
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