BHARAT FORGE LIMITED
Regd. Office : Mundhwa, Pune 411 036
SEGMENTWISE REVENUE RESULTS, AND CAPITAL EMPLOYED FOR THE QUARTER AND HALF YEAR ENDED
30 TH SEPTEMBER, 2008.
       
 
(Rs. in Lacs)
Sr.No.
Particulars
Quarter ended
Six Months ended
Year ended 31st March,2008
30th Sept., 2008 30th Sept., 2007 30th Sept., 2008 30th Sept., 2007
             
1 Segment Revenue          
a
 - Steel Forging
67,367
56,172
130,991
105,812
218,789
b
 - Gen. Engg., Trading etc
297
190
494
328
740
  Total
67,664
56,362
131,485
106,140
219,529
   
  Less : Inter Segment Revenue
108
40
211
131
269
   
  Net Sales/Income from Operations
67,556
56,322
131,274
106,009
219,260
   
2

Segment Results
Profit/(Loss)(Before Tax and Interest from each segment)
a Steel Forging
14,496
13,285
29,096
22,682
46,612
b Gen.Engg., Trading etc.
47
64
48
64
151
  Total:
14,543
13,349
29,144
22,746
46,763
  Less:
1
 Interest
2,356
2,730
4,310
5,066
10,499
 
2
 Other un-allocable expenditure net of un-allocable income
1,637
1,590
3,207
2,154
2,207
Profit before Tax & Exceptional item
10,550
9,029
21,627
15,526
34,057
Exceptional items


-Profit on Sale of Investments
-
-
-
-
3,035
-Exchange Gain / (Loss)
(8,751)
1,087
(15,685)
4,420
2,606
   
  Profit before Tax
1,799
10,116
5,942
19,946
39,698
 
3 Capital Employed (Segment assets- Segment Liabilities)
a
 Steel Forging
208,703
177,832
208,703
177,832
186,542
b
 Gen.Engg., Trading etc.
1,321
437
1,321
437
1086
c
 Unallocable Assets Less Liabilities
  -Investments in Foreign Operations
31,497
24,843
31,497
24,843
29,546
  -Unutilised Fund raised, temporarily deployed
41,256
89,315
41,256
89,315
51,494
  -Others
30,576
30,390
30,576
30,390
19,233
  Total
313,353
322,817
313,353
322,817
287,901
             
4
Secondary information in respect of Geographical segment on the basis of location of customers
          
             
a
Domestic
 33,525 30,218
67,510
57,536
123,550
b
Exports
34,031
26,104
63,782
48,473
96,100
 
     
 

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

The Company on a stand alone basis operates through a single geographical segment where all assets are located in India. Secondary segment disclosures have been made accordingly.

For Bharat Forge Limited

( B. N. Kalyani )
Chairman and Managing Director

  

Pune
Dated : October 25, 2008.