Total expenses were less in the third quarter 3,165.37 crore compared to 3,529 crore in the year-old period, the company said.
BFL said that its board has announced the interim dividend 2.5 per equity share value 2 Every 125 percent rate. The payment of interim dividends is to be determined as a record date, with Tuesday, February 18, on Wednesday, March 18, 18 February.
At the operational level, Ebitda (earning before interest, tax, depreciation and pre-refinement) has fallen by 8 percent year-on-year. 609.7 crore in third quarter, from below 663 crores.
Ebitda Margin saw a slight decline of 29.1 percent in the reporting quarter, compared to 29.3 percent in the same period of the previous financial year.
The results were announced after the market hours. Bharat Forge Limited shares closed 1,105.55, marking the fall of 1,105.55 6.85 or 0.62 percent.