Today, Bharat Forge operates in three continents: Europe, North America and Asia. Over the last four years, the Company has successfully made several acquisitions: Carl Dan Peddinghaus and CDP Aluminiumtechnik (in Germany), Imatra Kilsta AB (in Sweden) together with its 100% subsidiary Scottish Stampings Limited (together known as the Bharat Forge Kilsta Group), and Federal Forge in the USA. BFL also has a majority stake in a joint venture with First Auto Works (FAW) called FAW Bharat Forge (Changchun) Company Limited that operates in China.

These businesses, along with Bharat Forge’s Indian operations form the global BFL group — whose performance gets reflected in the consolidated accounts of Bharat Forge Limited. Highlights of Bharat Forge’s financial performance for 2007-08 are:

On a Consolidated Basis, the financial highlights of BFL for FY 2007-08 are:

• Total Income of Rs.47, 516 million in 2007-08 — up by 11% over the previous year.
• Operating profits (EBITDA) was Rs.8,038 million in 2007-08 — a growth of 8% over 2006-07.
• Profit after tax and minority interests (PAT) increased by 4% to Rs.3,015 million in 2007-08.
• Basic earnings per share (EPS) before and after exceptional items were Rs.13.44 .

Given below are a few indices on a standalone basis.

• Domestic Sales increased by 11 % to 12,355 million in 2007-08.
• Exports grew by 28% to 9,610 million in 2007-08.
• EBITDA grew by 11% to 6, 105 million in 2007- 08.
• Profit before Tax grew by 10% to Rs. 3,970 million in 2007-08.
• Profit After Tax grew by 14% to Rs 2,736 million in 2007-08
• Earnings per Share grew from 10.97 in 2006-07 to 12.25 in 2007-08.