Bharat Forge Limited (BFL) on Tuesday reported a 19.02% drop in net profit at Rs 164.52 crore during Q4FY16. BFL’s total income from operations during the quarter was down 17.63% to Rs 1,008.03 crore. The company’s exports fell sharply by 28.68 % to Rs 526.29 crore from Rs 737.95 crore during same time last year.
Bharat Forge net down 19.02%
Bharat Forge Limited (BFL) on Tuesday reported a 19.02% drop in net profit at Rs 164.52 crore during Q4FY16.
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This article was first uploaded on May eighteen, twenty sixteen, at twenty minutes past seven in the morning.