Bharat Forge CV growth moderates, exports shine
Bharat Forge's CV segment generated revenues of Rs 242.1 crore in Q4FY24, down from Rs 285.4 crore in Q4FY23.
Bharat Forge's CV segment generated revenues of Rs 242.1 crore in Q4FY24, down from Rs 285.4 crore in Q4FY23.
EBITDA in the reporting quarter grew by 25.1% to Rs 654 crore, resulting in EBITDA margins of 28.1% in Q4 FY24.
Amit Kalyani’s present tenure as Joint Managing Director of the Company will conclude on May 10, 2024.
The company plans to secure an unsecured term loan of up to Rs. 375 crore, while it plans to raise Rs 125 crore by iss...
During the quarter, the company has secured new business worth Rs 550 crore across Automotive, Industrial, Defence, Ae...
The company has been recognised for its technological advancements across automotive and defence sectors.
The company's revenues increased by 22.68 percent to Rs 3,774.2 crore during Q2 FY24.
According to the company, the order is expected to be executed over the next 12 months.
We are undertaking a large expansion now in various areas within our Indian business, said Amit Kalyani.
In Q1 FY24, the company also bagged cumulative orders worth Rs 277.8 crore in defence from multiple customers and prod...