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Bharat Gears' net loss widens to Rs 2 crore in Q2

10 Nov 2020 Evaluate

Bharat Gears has reported results for second quarter ended September 30, 2020.

The company has reported net loss of Rs 2.07 crore for the quarter under review as against net loss of Rs 1.58 crore for the same quarter in the previous year. Total income of the company decreased 4.35% at Rs 128.49 crore for Q2FY21 as compared Rs 134.34 crore for the corresponding quarter previous year.

Bharat Gears (BGL) is one of the world leaders in gears technology and India's largest gear manufacturer.

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