Bharat Forge reports 3% fall in Q2 net profit

31 Oct 2012 Evaluate

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.

Bharat Forge Share Price

689.90 15.40 (2.28%)
May 23, 18:01 View Price Chart
Peers
Company Name CMP
Mahindra CIE Auto. 180.50
Bharat Forge 689.90
Ramkrishna Forgings 164.65
MM Forgings 856.10
Metalyst Forgings 4.49
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