Bharat Forge has reported results for first quarter ended June 30, 2013.
On standalone basis, the company has reported 13.89% fall in its net profit at Rs 90.60 crore for the quarter as compared to Rs 105.21 crore for the same quarter in the previous year. Total income of the company has decreased by 14.57% at Rs 826.98 crore for quarter under review as compared to Rs 968.07 crore for the quarter ended June 30, 2012.
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.
