Bharat Gears has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a fall of 87.25% in its net profit at Rs 0.38 crore for the quarter under review as compared to Rs 2.98 crore for the same quarter in the previous year. Total income of the company marginally decreased by 1.06% at Rs 144.09 crore for Q4FY19 as compared Rs 145.64 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a rise of 98.89% in its net profit at Rs 12.53 crore as compared to Rs 6.30 crore for the previous year. Total income of the company increased by 16.40% at Rs 599.15 crore for year under review as compared to Rs 514.75 crore for year ended March 31, 2018.
