Bharat Forge has announced its fourth quarter and FY07 results. The company has posted standalone net profit of Rs 64.3 crore (Rs 643 million) in Q4 of FY07 versus Rs 53 crore (Rs 530 million) in Q4 of FY06 and net sales of Rs 510 crore (Rs 5.1 billion) as against Rs 438.4 crore (Rs 4.38 billion).
Other income stood at Rs 22.2 crore (Rs 222 million) versus Rs 14.3 crore (Rs 143 million).
For FY07, company has reported net profit of Rs 241 crore (Rs 2.41 billion) compared to Rs 206.7 crore (Rs 2.06 billion) in FY06 and net sales of Rs 1,864 crore (Rs 18.64 billion) versus Rs 1,578 crore (Rs 15.78 billion).
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