Bharat Forge Q3 profit drops 21 pc to Rs 129 cr
The company had posted a net profit of Rs 163.81 crore for the same period of previous fiscal.
Total income from operations declined to Rs 990.01 crore for the third quarter of FY2016-17, compared to Rs 1,108.52 crore during the same period of previous fiscal, Bharat Forge said in a regulatory filing.
The company's board, which met today, has declared an interim dividend Rs 2.50 per equity share of Rs 2 each.
Shares of the company were trading down 0.08 per cent at Rs 980 on the BSE.
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