Bharat Forge Q2 net profit increases to Rs.62.184 Crores

Bharat Forge Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 621.84 million for the quarter ended September 30, 2006 as compared to Rs 517.73 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 3880.69 million for the quarter ended September 30, 2005 to Rs 4698.91 million for the quarter ended September 30, 2006.

The Consolidated results are as follows:

The Group has posted a net profit of Rs 742.44 million for the quarter ended September 30, 2006 as compared to Rs 611.61 million for the quarter ended September 30, 2005. Total Income has increased from Rs 6980.94 million for the quarter ended September 30, 2005 to Rs 9901.54 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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