Bharat Gears turns black in Q2

Bharat Gears Ltd. | Auto Ancillary | Automobiles | BSE: 505688 | NSE: BHARATGEAR

06 Nov 2021 Evaluate

Bharat Gears has reported results for second quarter ended September 30, 2021.

Bharat Gears has reported net profit at Rs 7.95 crore for the quarter under review as compared to net loss of Rs 2.07 crore for the same quarter in the previous year. Total income of the company increased by 45.26% at Rs 186.65 crore for Q2FY22 as compared Rs 128.49 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.

Peers

Company Name	CMP
SamvardhanaMotherson	165.60
Tube Investments	2519.15
Bosch	48100.00
UNO Minda	1218.00
Bombay Burmah Trdg.	1435.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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