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Bharat Forge standalone net profit declines 26.34% in the September 2016 quarter

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Capital Market

Sales decline 20.62% to Rs 872.28 crore

Net profit of Bharat Forge declined 26.34% to Rs 126.89 crore in the quarter ended September 2016 as against Rs 172.27 crore during the previous quarter ended September 2015. Sales declined 20.62% to Rs 872.28 crore in the quarter ended September 2016 as against Rs 1098.91 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales872.281098.91 -21 OPM %28.3929.16 -PBDT259.64326.38 -20 PBT187.03255.00 -27 NP126.89172.27 -26

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First Published: Nov 08 2016 | 3:55 PM IST

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