The Sales for the quarter ended December 2019 of Rs. 10766.84 million declined by -36.39% from Rs. 16925.19 millions.The Company to register a -58.75%  fall in the net profit for the quarter ended December 2019.The company reported a degrowth in operating Profit to 2753.47 millions from 5736.79 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 10766.84 16925.19 -36.39 36827.06 48513.86 -24.09 65199.90 53729.44 21.35 Other Income 397.81 867.09 -54.12 1294.07 1547.63 -16.38 1660.17 1186.93 39.87 PBIDT 2753.47 5736.79 -52.00 10346.19 15047.18 -31.24 20721.14 16554.62 25.17 Interest 355.92 135.52 162.63 1035.31 709.22 45.98 1024.05 848.38 20.71 PBDT 2397.55 5601.27 -57.20 9310.88 14337.96 -35.06 19697.09 14374.19 37.03 Depreciation 822.58 906.59 -9.27 2601.72 2644.83 -1.63 3466.31 3067.49 13.00 PBT 1574.97 4694.68 -66.45 6709.16 11693.13 -42.62 16230.78 11306.70 43.55 TAX 296.88 1596.38 -81.40 1241.04 3975.38 -68.78 5517.97 4233.75 30.33 Deferred Tax -188.23 -29.65 534.84 -635.72 -58.04 995.31 167.29 72.33 131.29 PAT 1278.09 3098.30 -58.75 5468.12 7717.75 -29.15 10712.81 7072.95 51.46 Equity 931.27 931.27 0.00 931.27 931.27 0.00 931.27 931.30 0.00 PBIDTM(%) 25.57 33.89 -24.55 28.09 31.02 -9.42 31.78 30.81 3.15

Bharat Forge is currently trading at Rs. 494.40, up by 2.60 points or 0.53% from its previous closing of Rs. 491.80 on the BSE.The scrip opened at Rs. 494.00 and has touched a high and low of Rs. 494.40 and Rs. 491.20 respectively. So far 1116 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 547.90 on 15-Mar-2019 and a 52 week low of Rs. 378.00 on 04-Sep-2019.Last one week high and low of the scrip stood at Rs. 504.90 and Rs. 482.45 respectively. The current market cap of the company is Rs. 22897.65 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 33.08% and 21.02% respectively.Bharat Forge has incorporated a Wholly Owned Subsidiary (WOS) company -- Kalyani Centre for Precision Technology (KCPTL) on December 25, 2019. The company has promoted and incorporated Kalyani Centre for Precision Technology to undertake the business of manufacturing, machining, fabricating, assembling, forging and casting activity of engines, crankshafts, gears, machinery, vehicles, trucks, railway coaches, railway carriages, ships, aircrafts, tools, spares, parts and other engineering products, by using advanced technology solutions.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

A decrease in the sales to Rs. 12594.51 millions was observed for the quarter ended September 2019. The sales stood at Rs. 16792.10 millions during the similar quarter previous year.A slim rise of 7.64% was recorded in the Net profit for the quarter ended September 2019 to Rs. 2448.70  millions  From Rs. 2274.89 millions.Operating profit for the quarter ended September 2019 decreased to 3696.42 millions as compared to 4681.82 millions of corresponding quarter ended September 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 12594.51 16792.10 -25.00 26060.22 31588.67 -17.50 65199.90 53729.44 21.35 Other Income 495.26 337.99 46.53 896.26 680.54 31.70 1660.17 1186.93 39.87 PBIDT 3696.42 4681.82 -21.05 7592.72 9310.39 -18.45 20721.14 16554.62 25.17 Interest 291.47 320.81 -9.15 679.39 573.70 18.42 1024.05 848.38 20.71 PBDT 3404.95 4361.01 -21.92 6913.33 8736.69 -20.87 19697.09 14374.19 37.03 Depreciation 893.11 914.35 -2.32 1779.14 1738.24 2.35 3466.31 3067.49 13.00 PBT 2511.84 3446.66 -27.12 5134.19 6998.45 -26.64 16230.78 11306.70 43.55 TAX 63.14 1171.77 -94.61 944.16 2379.00 -60.31 5517.97 4233.75 30.33 Deferred Tax -480.49 -4.01 11882.29 -447.49 -28.39 1476.22 167.29 72.33 131.29 PAT 2448.70 2274.89 7.64 4190.03 4619.45 -9.30 10712.81 7072.95 51.46 Equity 931.27 931.27 0.00 931.27 931.27 0.00 931.27 931.30 0.00 PBIDTM(%) 29.35 27.88 5.27 29.14 29.47 -1.15 31.78 30.81 3.15

Bharat Forge is currently trading at Rs. 403.00, up by 5.95 points or 1.50% from its previous closing of Rs. 397.05 on the BSE.The scrip opened at Rs. 396.50 and has touched a high and low of Rs. 404.45 and Rs. 386.50 respectively. So far 47326 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 660.95 on 18-Sep-2018 and a 52 week low of Rs. 378.00 on 04-Sep-2019.Last one week high and low of the scrip stood at Rs. 416.75 and Rs. 386.50 respectively. The current market cap of the company is Rs. 18344.19 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.53% and 21.71% respectively.Bharat Forge’s wholly owned subsidiary -- Bharat Forge America is setting up a green-field forging and machining facility in North Carolina. The modern facility will address the Aluminium opportunity and have state of the art technology and processes. The 1st phase of the project involves approximately $56 million capital investment. This investment is backed up by orders already secured from prestigious OEM’s and has been achieved by leveraging our R&D capabilities.As the order book ramps up in the years ahead, the company envisages enhancing the capacity through an investment of similar quantum in the coming years. This investment is a key cornerstone of its strategy of enhancing focus on lightweight materials and improving the financial parameters of the overseas operations. It will help the company to create a strong global manufacturing footprint as part of its Aluminium strategy, spanning Europe, Asia and the United States.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

The sales is pegged at Rs. 13465.71 millions for the June 2019 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 14796.57 millions during the year-ago period.A slender decline of -25.73% was recorded to Rs. 1741.33  millions from Rs. 2344.56 millions in the corresponding previous quarter.Operating Profit reported a sharp decline to 3896.30 millions from 4628.57 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 13465.71 14796.57 -8.99 13465.71 14796.57 -8.99 65199.90 53729.44 21.35 Other Income 401.00 342.55 17.06 401.00 342.55 17.06 1660.17 1186.93 39.87 PBIDT 3896.30 4628.57 -15.82 3896.30 4628.57 -15.82 20721.14 16554.62 25.17 Interest 387.92 252.89 53.39 387.92 252.89 53.39 1024.05 848.38 20.71 PBDT 3508.38 4375.68 -19.82 3508.38 4375.68 -19.82 19697.09 14374.19 37.03 Depreciation 886.03 823.89 7.54 886.03 823.89 7.54 3466.31 3067.49 13.00 PBT 2622.35 3551.79 -26.17 2622.35 3551.79 -26.17 16230.78 11306.70 43.55 TAX 881.02 1207.23 -27.02 881.02 1207.23 -27.02 5517.97 4233.75 30.33 Deferred Tax 33.00 -24.38 -235.36 33.00 -24.38 -235.36 167.29 72.33 131.29 PAT 1741.33 2344.56 -25.73 1741.33 2344.56 -25.73 10712.81 7072.95 51.46 Equity 931.27 931.27 0.00 931.27 931.27 0.00 931.27 931.30 0.00 PBIDTM(%) 28.93 31.28 -7.50 28.93 31.28 -7.50 31.78 30.81 3.15

Bharat Forge is currently trading at Rs. 465.10, up by 8.25 points or 1.81% from its previous closing of Rs. 456.85 on the BSE.The scrip opened at Rs. 457.40 and has touched a high and low of Rs. 467.55 and Rs. 457.40 respectively. So far 19592 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 692.50 on 10-Sep-2018 and a 52 week low of Rs. 445.10 on 16-May-2019.Last one week high and low of the scrip stood at Rs. 472.35 and Rs. 454.80 respectively. The current market cap of the company is Rs. 21628.92 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.34% and 21.90% respectively.Bharat Forge has entered into a Joint Venture Agreement (JV Agreement) with Refu Electronik GmbH, Germany and its Affiliates/Promoters (REFU) on June 6, 2019 for incorporating a Joint Venture Company, under the laws of Germany for developing, manufacturing and selling on board controllers and components mainly - drives, invertors, converters (including AC/DC) and all kind of auxiliary applications, related power electronics and battery management (BMS), etc. for all quality of e-mobility vehicles viz, hybrid and electric 2-wheelers, 3-wheelers, cars and commercial vehicles.In the proposed Joint Venture Company (JVC), the company will hold 50% of stake by making an investment of EUR 11.35 Million by way of equity shares at nominal value of Euro 1, subject to fulfilment of conditions in Share Purchase Agreement and JV Agreement between the parties.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Bharat Forge is currently trading at Rs. 498.15, up by 16.40 points or 3.40% from its previous closing of Rs. 481.75 on the BSE.The scrip opened at Rs. 482.10 and has touched a high and low of Rs. 502.85 and Rs. 482.10 respectively. So far 109330 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 692.50 on 10-Sep-2018 and a 52 week low of Rs. 445.10 on 16-May-2019.Last one week high and low of the scrip stood at Rs. 502.85 and Rs. 458.00 respectively. The current market cap of the company is Rs. 23209.59 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.34% and 21.90% respectively.Bharat Forge has completed Tranche I investment i.e. 17.8% (Investment of 17.8% in 58,500 equity shares of Rs 10 each at a premium of Rs 1015.64 each), in Aeron Systems.Earlier, Bharat Forge had entered into a share subscription agreement with Aeron Systems and its founders on May 21, 2019, agreeing to subscribe to 97,500 equity shares of Rs 10 each for a stake of 26%. The Subscription is agreed to be subscribed in three tranches.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components

Bharat Forge is currently trading at Rs. 469.45, up by 3.30 points or 0.71% from its previous closing of Rs. 466.15 on the BSE.The scrip opened at Rs. 473.15 and has touched a high and low of Rs. 477.45 and Rs. 465.35 respectively. So far 48928 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 701.65 on 23-May-2018 and a 52 week low of Rs. 445.10 on 16-May-2019.Last one week high and low of the scrip stood at Rs. 495.50 and Rs. 447.95 respectively. The current market cap of the company is Rs. 21973.46 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.34% and 21.90% respectively.Bharat Forge has entered into a share subscription agreement with Aeron Systems and its founders on May 21, 2019, agreeing to subscribe to 97,500 equity shares of Rs 10 each for a stake of 26%. The Subscription is agreed to be subscribed in three tranches.Aeron is engaged in the business of manufacturing of technology products such as Inertial Navigation Systems (INS) and LoT devices for industries such as Aerospace and Defence, Automotive, Renewable energy and Industry 4.0. This venture will help the Company to gain access to technologies in defence and aerospace sector. Total purchase consideration for 26% stake in Aeron is agreed at Rs 10 crore.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Bharat Forge is currently trading at Rs. 474.00, up by 19.20 points or 4.22% from its previous closing of Rs. 454.80 on the BSE.The scrip opened at Rs. 466.00 and has touched a high and low of Rs. 492.75 and Rs. 461.20 respectively. So far 270510 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 732.55 on 18-May-2018 and a 52 week low of Rs. 445.10 on 16-May-2019.Last one week high and low of the scrip stood at Rs. 492.75 and Rs. 445.10 respectively. The current market cap of the company is Rs. 22045.62 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.34% and 21.90% respectively.Bharat Forge has reported around 3-fold jump in its net profit at Rs 299.50 crore for the quarter ended March 31, 2019 as compared to Rs 100.33 crore for the same quarter in the previous year. Total income of the company increased by 14.52% at Rs 1,718.72 crore for quarter under review as compared to Rs 1,500.83 crore for the quarter ended March 31, 2018.For the year ended March 31, 2019, the company has posted a rise of 51.46% in its net profit at Rs 1,071.28 crore as compared to Rs 707.30 crore for the previous year. Total income of company increased 21.75% at Rs 6,686.01 crore for year under review as compared to Rs 5,491.64 crore for year ended March 31, 2018.For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 36.96% in its net profit at Rs 1,032.60 crore as compared to Rs 753.97 crore for the previous year. Total income of company increased by 20.94% at Rs 10,348.53 crore for year under review as compared to Rs 8,556.68 crore for year ended March 31, 2018.

The company witnessed a 13.77% growth in the revenue at Rs. 16686.04 millions for the quarter ended March 2019 as compared to Rs. 14666.09 millions during the year-ago period.Net Profit witnessed a 198.52% growth almost the double from Rs. 1003.29 millions to Rs. 2995.06  millions  of same quarter last year.Operating profit surged to 5673.96 millions from the corresponding previous quarter of 4519.15 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 16686.04 14666.09 13.77 65199.90 53729.44 21.35 65199.90 53729.44 21.35 Other Income 501.16 342.23 46.44 1660.17 1186.93 39.87 1660.17 1186.93 39.87 PBIDT 5673.96 4519.15 25.55 20721.14 16554.62 25.17 20721.14 16554.62 25.17 Interest 314.83 303.31 3.80 1024.05 848.38 20.71 1024.05 848.38 20.71 PBDT 5359.13 2883.79 85.84 19697.09 14374.19 37.03 19697.09 14374.19 37.03 Depreciation 821.48 705.07 16.51 3466.31 3067.49 13.00 3466.31 3067.49 13.00 PBT 4537.65 2178.72 108.27 16230.78 11306.70 43.55 16230.78 11306.70 43.55 TAX 1542.59 1175.43 31.24 5517.97 4233.75 30.33 5517.97 4233.75 30.33 Deferred Tax 225.33 28.99 677.27 167.29 72.33 131.29 167.29 72.33 131.29 PAT 2995.06 1003.29 198.52 10712.81 7072.95 51.46 10712.81 7072.95 51.46 Equity 931.27 931.30 0.00 931.27 931.30 0.00 931.27 931.30 0.00 PBIDTM(%) 34.00 30.81 10.35 31.78 30.81 3.15 31.78 30.81 3.15

Bharat Forge is currently trading at Rs. 453.30, up by 5.40 points or 1.21% from its previous closing of Rs. 447.90 on the BSE.The scrip opened at Rs. 448.00 and has touched a high and low of Rs. 454.00 and Rs. 447.95 respectively. So far 3108 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 735.00 on 17-May-2018 and a 52 week low of Rs. 445.10 on 16-May-2019.Last one week high and low of the scrip stood at Rs. 465.00 and Rs. 445.10 respectively. The current market cap of the company is Rs. 20853.71 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 32.34% and 21.90% respectively.Bharat Forge has rolled out the one millionth finished machined crankshaft that powers heavy duty engines of Daimler AG. The company exclusively supplies machined crankshafts for the 13L & 15L engine platforms to Detroit Diesel, USA.Additionally, the company also shares the 13L platform with Daimler’s Mannheim plant in Germany. These flagship engines of Daimler AG are considered to be among the most technology enabled high performance heavy duty engines in commercial vehicles.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Bharat Forge is currently trading at Rs. 492.60, up by 8.60 points or 1.78% from its previous closing of Rs. 484.00 on the BSE.The scrip opened at Rs. 486.45 and has touched a high and low of Rs. 500.65 and Rs. 480.15 respectively. So far 177340 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 799.65 on 01-Mar-2018 and a 52 week low of Rs. 463.70 on 29-Jan-2019.Last one week high and low of the scrip stood at Rs. 500.65 and Rs. 471.00 respectively. The current market cap of the company is Rs. 22685.81 crore.The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 31.88% and 22.37% respectively.The company has reported 35.79% rise in its net profit at Rs 309.83 crore for third quarter ended December 31, 2018 as compared to Rs 228.17 crore for the same quarter in the previous year. Total income of the company increased by 23.21% at Rs 1740.37 crore for Q3FY19 as compared Rs 1412.47 crore for the corresponding quarter previous year.Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.