Bharat Forge Q2 Net dips 7% at Rs 96 cr

Net sales of the company stood at Rs 821 crore

<a href="http://www.shutterstock.com/pic-26356168/stock-photo-stock-market-crash-chart-raster-version.html?src=ToGmiM_JIPKrZ0JrXZWWzQ-2-65" target="_blank">Market Crash</a> image via Shutterstock
Press Trust of India New Delhi
Last Updated : Oct 25 2013 | 3:11 PM IST
Auto component-maker Bharat Forge today reported 6.64% decline in its net profit at Rs 96.38 crore for the second quarter ended September 30, 2013.

The company had posted a net profit of Rs 102.78 crore for the same period of previous fiscal, Bharat Forge said in a filing to the BSE.

Net sales of the company stood at Rs 821.38 crore for the second quarter, as compared to Rs 852.19 crore during the same period of last year.

Shares of Bharat Forge were trading at Rs 281.55 on the BSE in late afternoon trade, down 1.44% from its previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 25 2013 | 3:08 PM IST

Next Story