MUMBAI: Bharat Forge has registered a 28.57 per cent increase in its net profit for the third quarter ended December 31, 2005, at Rs. 53.27 crore against Rs. 41.43 crore in the corresponding quarter in the previous fiscal. Total income has increased by 33.48 per cent to Rs. 415.46 crore from Rs. 311.25 crore, the company said in a release.