The world's second largest forgings maker, Bharat Forge has recently made a strong comeback in the Indian market. In fact, the company has recently reported a consolidated profit for June-quarter versus a loss a year ago helped by higher sales from its overseas subsidiaries.

It may be noted here that the total profit for the Group stood at close to 620.7 million rupees compared with a net loss of 461.4 million rupees a year ago. While the total income rose to 10.12 billion rupees from 6.09 billion rupees, Bharat Forge's net profit rose to 594.3 million rupees from 9.6 million rupees, on a standalone basis.

The company said in a statement that the growth that the company has achieved in this quarter has been encouraging. Moreover, the company also gave credit to the fact that the growth came in from all geographies across automotive and non-automotive business which has helped the company to make a comeback. It is believed that the company gets close to 70-75 percent of domestic revenues from commercial vehicles and as the segment is on an upside, the financials have been positively impacted.