Bharat Forge Ltd (BOM:500493)
₹ 1655.7 21.25 (1.3%) Market Cap: 770.88 Bil Enterprise Value: 823.33 Bil PE Ratio: 81.05 PB Ratio: 10.75 GF Score: 96/100

Q3 2024 Bharat Forge Ltd Earnings Call Transcript

Feb 12, 2024 / 10:00AM GMT
Release Date Price: ₹1130.3 (-14.04%)
Operator

Ladies and gentlemen, good day, and welcome to the Bharat Forge Q3 FY24 earnings conference call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Amit Kalyani. Thank you, and over to you, sir.

Amit Kalyani
Bharat Forge Ltd - Joint MD

Good afternoon, ladies and gentlemen. And thank you for attending our Q3 analyst call. I'm going to hand over to our CFO, Kedar Dixit. And I'll be here to answer your questions.

Kedar Dixit
Bharat Forge Ltd - Chief Financial Officer

Good afternoon, everyone. I'll just take you through the highlights for the quarter on a standalone as well as on the consolidated performance. So we had another quarter of strong performance registered in quarter three. Standalone revenues grew by 16% to INR2,263 crore, and EBITDA grew by almost 31% to INR645 crore. EBITDA margins are at 28.5%, which is an expansion of almost 330 basis points on a YoY basis, driven primarily on account of a favorable product mix and cost optimization. PBT

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