Bharat Forge Ltd - 500493 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 BHARAT FORGE LTD. - 500493 - Fixes Record Date for Second Interim Dividend
Bharat Forge Ltd has informed BSE that the Company has fixed March 04, 2020 as the Record Date for the purpose of Payment of Second Interim Dividend, if declared. Bharat Forge Ltd - 500493 - Board Meeting Intimation for Board To Consider Second Interim Dividend By Circular Resolution For The Financial Year 2019-20.
BHARAT FORGE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/02/2020 ,inter alia, to consider and approve Board to consider Second Interim Dividend by Circular Resolution for the financial year 2019-20. Bharat Forge Ltd - 500493 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations - 2015. Bharat Forge Ltd - 500493 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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. Click to read full transcript
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