Bharat Forge’s net profit increases

NEW DELHI: Auto components major Bharat Forge reported a 25.32 per cent increase in standalone net profit at Rs 207.50 crore for the fourth quarter ended March 31, 2017. The company had posted a net profit of Rs 165.57 crore during the same period of previous fiscal, Bharat Forge said in a regulatory filing, reports PTI. Total income from operations stood at Rs 1,205.37 crore as against Rs 1,089.07 crore in the year-ago period, up 10.67 per cent. For the entire fiscal, the company reported a net profit of Rs 585.07 crore as compared to Rs 697.62 crore in the 2015 -16 fiscal.