Bharat Forge announced that Kalyani Strategic Systems Australia Pty (KSSL Australia), a wholly owned subsidiary of Kalyani Strategic Systems has been deregistered with effect from 26 May 2024. KSSL is a wholly owned subsidiary of the Company.Due to the inability to achieve its intended objective, KSSL Australia never commenced business activities, and therefore the deregistration process was initiated as per statutory regulations and in compliance with the applicable laws.Powered by Capital Market - Live News

Net profit of Bharat Forge rose 74.13% to Rs 235.95 crore in the quarter ended March 2024 as against Rs 135.50 crore during the previous quarter ended March 2023. Sales rose 14.75% to Rs 4164.21 crore in the quarter ended March 2024 as against Rs 3629.05 crore during the previous quarter ended March 2023.For the full year,net profit rose 80.02% to Rs 951.13 crore in the year ended March 2024 as against Rs 528.36 crore during the previous year ended March 2023. Sales rose 21.47% to Rs 15682.07 crore in the year ended March 2024 as against Rs 12910.26 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4164.213629.05 15 15682.0712910.26 21 OPM %15.4512.07 -16.3113.43 - PBDT583.15398.48 46 2299.511608.32 43 PBT376.05217.34 73 1451.31872.74 66 NP235.95135.50 74 951.13528.36 80 Powered by Capital Market - Live News

Bharat Forge announced that the 63th Annual General Meeting(AGM) of the company will be held on 9 August 2024.Powered by Capital Market - Live News

Bharat Forge announced that the Board of Directors of the Company at its meeting held on 8 May 2024, inter alia, have recommended the final dividend of Rs 6.5 per equity Share (i.e. 325%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Bharat Forge will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News