Bharat Forge surges ahead

Bharat Forge, the flagship company of Kalyani Group and a leading global supplier of forged and machined components recently announced its second quarter results with combined revenue reaching Rs 1,360 crore and PBT before exceptional items of Rs 117 crore, a growth of 28 and 8 per cent respectively.

Bharat Forge on a stand-alone basis achieved a healthy growth of 20 per cent in revenue and 17 per cent in PBT before exceptional items, which now stands at Rs 676 crore and Rs 106 crore respectively.

Baba N Kalyani, chairman and managing director of Bharat Forge, said, 8220;The Company has been able to grow in this quarter despite the not very conducive market conditions globally.8221;