Bharat Forge reports 3% fall in Q2 net profit

Bharat Forge has reported results for second quarter ended September 30, 2012.

The company has reported 3.40% fall in its net profit at Rs 102.78 crore for the quarter as compared to Rs 106.40 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 4.66% at Rs 867.59 crore for quarter under review as compared to Rs 909.99 crore for the quarter ended September 30, 2011.

Bharat Forge engages in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.