Net loss of Bharat Gears reported to Rs 7.03 crore in the quarter ended June 2019 as against net profit of Rs 3.41 crore during the previous quarter ended June 2018. Sales declined 21.33% to Rs 114.88 crore in the quarter ended June 2019 as against Rs 146.03 crore during the previous quarter ended June 2018.

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Bharat Gears will hold a meeting of the Board of Directors of the Company on 6 August 2019.

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Bharat Gears announced that the Annual General Meeting (AGM) of the company will be held on 6 August 2019.

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Net profit of Bharat Gears declined 87.25% to Rs 0.38 crore in the quarter ended March 2019 as against Rs 2.98 crore during the previous quarter ended March 2018. Sales declined 0.73% to Rs 143.68 crore in the quarter ended March 2019 as against Rs 144.73 crore during the previous quarter ended March 2018.

For the full year,net profit rose 98.89% to Rs 12.53 crore in the year ended March 2019 as against Rs 6.30 crore during the previous year ended March 2018. Sales rose 15.83% to Rs 594.40 crore in the year ended March 2019 as against Rs 513.17 crore during the previous year ended March 2018.

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