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Bharat Gears reports stellar Q2 numbers

28 Oct 2013 Evaluate

Bharat Gears has reported results for second quarter ended September 30, 2013.

The company has reported over seven and a half fold jump in its net profit at Rs 3.71 crore for the quarter as compared to Rs 0.48 crore for the same quarter in the previous year. Total income from operation of the company has increased by 8.81% at Rs 110.64 crore for quarter under review as compared to Rs 101.68 crore for the quarter ended September 30, 2012.

Bharat Gears manufactures a wide range of gears for HCV, MCV, LCV, utility and off-highway vehicles. The products includes bevel, straight bevel and transmission gears.

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