Bharat Forge Q4 & FY 07 results

Bharat Forge Ltd has announced the following results for the quarter & year ended March 31, 2007:

The Unaudited results for the Quarter ended March 31, 2007

The Company has posted a net profit after tax of Rs 642.81 million for the quarter ended March 31, 2007 as compared to Rs 530.12 million for the quarter ended March 31, 2006. Total Income (net of excise) has increased from Rs 4527.42 million for the quarter ended March 31, 2006 to Rs 5382.70 million for the quarter ended March 31, 2007.

The Audited results for the Year ended March 31, 2007

The Company has posted a net profit after tax of Rs 2409.53 million for the year ended March 31, 2007 as compared to Rs 2069.65 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 16309.50 million for the year ended March 31, 2006 to Rs 19452.97 million for the year ended March 31, 2007.

The Consolidated results are as follows:

The Audited consolidated results for the Year ended March 31, 2007

Income attributable to the consolidated Group of Rs 2905.88 million for the year ended March 31, 2007 as compared to Rs 2505.42 million for the year ended March 31, 2006. Total Income (net of excise) has increased from Rs 30850.13 million for the year ended March 31, 2006 to Rs 42752.13 million for the year ended March 31, 2007.