Bharat Forge Ltd. Conference Calls and Earnings Call Transcripts

Bharat Forge Ltd. Conference Calls and Earnings Call Transcripts: Get insights into company performance, financials, capex plans, and more.

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announcement
Conference/Earnings Calls Alerts
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Bharat Forge Ltd.
12 Feb 2022
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Bharat Forge Ltd.
20 Nov 2021, 02:30PM
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Bharat Forge Ltd.
05 Jun 2021
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Bharat Forge Ltd.
17 Feb 2021
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Bharat Forge Ltd.
18 Nov 2020
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Bharat Forge Ltd.
14 Aug 2020
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Bharat Forge Ltd.
02 Jul 2020
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Bharat Forge Ltd.
08 Apr 2020
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Bharat Forge Ltd.
14 Feb 2020
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Bharat Forge Ltd - 500493 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
BSE India
Transcript of Earnings Conference Call

Opening Remarks

On the whole, we have had a pretty poor performance for the quarter driven largely by the downturn both in domestic industry as well as overseas in the industrial space. On the commercial vehicle side, we have seen a 25% de-growth over last year for exports, on the passenger car side we have seen a 15% growth over last year. On the industrial side on the aggregate we have seen about 50% de-growth over last year and exports are down by about 35% to about 635 crores.

On the domestic market our commercial vehicles sectors down almost 60% over last year which is corresponding to the kind of downturn in the production in the last quarter. On the passenger vehicle side we are flat compared to last year. On the industrial space, we are down by about 28% within which only in rail we have seen growth. We had a large defense business last year which was a contract we had received which has finished. So, that is no longer there. In spite of that on overall basis in industrial, we did about almost 200 crores in domestic. Our total domestic revenue was about 365 crores, 635 crores of export and total revenue just over 1,000 crores and total income for the quarter was about 1,076 crores which is about 36% lower than last year.

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Bharat Forge Ltd.
12 Nov 2019
1272.70
0.32%
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