Bharat Forge Limited – Q3 FY2019 Financial Results

  •  Q3FY19 marked the 8th consecutive quarter of robust revenue & profit growth on back of strong performance across key verticals and all geographies.
  • Total revenue at Rs 16,925 million grew by 21.7% compared to Q3 FY18. Despite increase in raw material prices and energy cost, EBITDA margins at 28.8%, continued to be within the guided range.
  • Key highlights during the quarter include record quarterly revenues from Oil & Gas vertical and the Aerospace & Defence vertical.
  • The company also secured new orders worth US$ 6.5 million from the Commercial Vehicle and Industrial sector

Links to the Financial Reports

Results Q3 18-19

Q3 FY2019 Analyst update