Bharat Forge Q4 net dips 9% at Rs 50 crore
The auto components leader Bharat Forge today reported 9.14 per cent decline in its net profit at Rs 50.08 crore for the quarter ended March 31.
By PTI | Updated:
NEW DELHI: The auto components leader Bharat Forge today reported 9.14 per cent decline in its net profit at Rs 50.08 crore for the quarter ended March 31.
The company's net profit stood at Rs 55.12 crore in the same quarter of the previous fiscal, Bharat Forge said in a filing to the BSE.
Total net sales of the company stood at Rs 660.25 crore for the quarter ended March 31, 2013, compared to Rs 955.76 crore during the same period of previous fiscal.
Bharat Forge's net sales in the financial year 2012-13 stood at Rs 3,089.18 crore against Rs 3,587.24 crore in fiscal 2011-12.
For the financial year ended in March, 2013, Bharat Forge posted profit of Rs 305.59 crore. In the fiscal year 2011-12, it was Rs 362.07 crore.
Shares of Bharat Forge on Friday had closed at Rs 225.65, down 0.24 per cent from its previous close, on the BSE.
The company's net profit stood at Rs 55.12 crore in the same quarter of the previous fiscal, Bharat Forge said in a filing to the BSE.
Total net sales of the company stood at Rs 660.25 crore for the quarter ended March 31, 2013, compared to Rs 955.76 crore during the same period of previous fiscal.
Bharat Forge's net sales in the financial year 2012-13 stood at Rs 3,089.18 crore against Rs 3,587.24 crore in fiscal 2011-12.
For the financial year ended in March, 2013, Bharat Forge posted profit of Rs 305.59 crore. In the fiscal year 2011-12, it was Rs 362.07 crore.
Shares of Bharat Forge on Friday had closed at Rs 225.65, down 0.24 per cent from its previous close, on the BSE.
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