Bharat Forge FY 2015/16 net profit drops 14% y/y to USD98 million
Company expects sales in FY 2016/17 to be in line with the previous financial year
Bharat Forge has reported a 14.4% year-over-year (y/y) decline in net profit to INR6.5 billion (USD98 million, 31 March 2016) in the financial year ended 31 March 2016, the leading Indian forging supplier said in a press release.
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