1165.60
4.69%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Bharat Forge's Q2FY19 revenues came in at | 1,679 crore, up 33.5% YoY, 13.5% QoQ above our estimate of | 1,558 crore. Domestic revenues came in at | 695 crore (up 31.5% YoY, 15.8% QoQ) while export revenues increased 34% YoY, 11.7% QoQ to | 943 crore. Its other operating income grew 59% YoY to | 41 crore Reported EBITDA margins came in at 25.9%, down 350 YoY, 310 bps QoQ, against our estimate of 29.4%. Reported PAT was at | 227.5...
Bharat Forge Ltd. has gained 20.18% in the last 1 Month
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