Bharat Forge Q3 profit up 36 pc at Rs 310 cr
Auto component major Bharat Forge Wednesday reported 35.79 per cent increase in standalone net profit at Rs 309.83 crore for the third quarter ended December 31, 2018.
The company had reported a profit of Rs 228.17 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing.
Total income during the quarter under review stood at Rs 1,740.37 crore as against Rs 1,412.47 crore in the year-ago period, it added.
Bharat Forge Chairman and Managing Director B N Kalyani said the growth in revenue and profit in the third quarter was on the back of "strong performance across key verticals and all geographies."
Disclaimer: No Business Standard Journalist was involved in creation of this content