Bharat Forge Limited – Q4 FY 2016 Results

Bharat Forge Ltd has announced the following results for the quarter & year ended March 31, 2016:

The Audited Standalone results for the Quarter ended March 31, 2016

The Company has posted a net profit of Rs. 1645.20 million for the quarter ended March 31, 2016 as compared to Rs. 2031.80 million for the quarter ended March 31, 2015. Total Income has decreased from Rs. 12439.20 million for the quarter ended March 31, 2015 to Rs. 10305.10 million for the quarter ended March 31, 2016.

The Audited Standalone results for the Year ended March 31, 2016

The Company has posted a net profit of Rs. 7010.60 million for the year ended March 31, 2016 as compared to Rs. 7189.80 million for the year ended March 31, 2015. Total Income has decreased from Rs. 46413.70 million for the year ended March 31, 2015 to Rs. 44052.80 million for the year ended March 31, 2016.

The Consolidated Results are as follows:

The Audited Consolidated results for the Year ended March 31, 2016

The Group has posted Income attributable to the consolidated group of Rs. 6499.90 million for the year ended March 31, 2016 as compared to Rs. 7625.40 million for the year ended March 31, 2015. Total Income has decreased from Rs. 77588.60 million for the year ended March 31, 2015 to Rs. 77800.80 million for the year ended March 31, 2016.