BHARAT FORGE LIMITED
Regd. Office : Mundhwa, Pune 411 036
SEGMENTWISE REVENUE RESULTS, AND CAPITAL EMPLOYED FOR THE QUARTER & HALF YEAR ENDED 30 TH SEPT, 2003.
       
 
(Rs. in Crores)
Sr.No.
Particulars
Quarter ended
Six Months ended
Year ended 31st March,2003
30th Sept., 2003 30th Sept, 2002 30th Sept, 2003 30th Sept, 2002
             
1 Segment Revenue          
a - Steel Forging
218.85
155.61
418.96
298.31
686.14
b - Gen. Engg., Trading etc
2.19
1.19
3.05
2.14
4.76
  Total
221.04
156.80
422.01
300.45
690.90
   
  Less : Inter Segment Revenue
0.89
0.41
1.18
0.70
1.68
   
  Net Sales/Income from Operations
220.15
156.39
420.83
299.75
689.22
   
2

Segment Results
Profit/(Loss)(Before Tax and Interest from each segment)
a Steel Forging
55.61
42.56
107.47
77.17
179.83
b Gen.Engg., Trading etc.
0.09
0.10
0.15
0.21
1.31
  Total:
55.70
42.66
107.62
77.38
181.14
  Less:
1 Interest
8.79
11.04
17.52
21.88
40.83
   
2 Other un-allocable expenditure net of un-allocable income
4.27
5.93
9.31
11.52
27.05
   
Total Profit Before Tax
42.64
25.69
80.79
43.98
113.26
   
3 Capital Employed (Segment assets- Segment Liabilities)
   
a Steel Forging
480.46
492.37
480.46
492.37
515.48
   
b Gen.Engg., Trading etc.
2.92
2.28
2.92
2.28
3.09
c Unallocable Assets Less Liabilities
122.46
89.47
122.46
89.47
54.53
  Total
605.84
584.12
605.84
584.12
573.10
   
 
     
 

The Company has identified it's business segments as it's primary reporting format which comprises of Forgings, General Engineering and Trading. The main segment is Forgings. All products made by the Company essentially Emanate from forgings and therefore it is reported as an independant business segment. General Engineering is a fabrication unit and trading constitutes a miniscule portion of the company's activities.

The Company operates through a single geographical segment. Secondary segment disclosures have been made accordingly.

Pune
Dated : October 21st, 2003.