BHARAT FORGE LIMITED
Regd. Office : Mundhwa, Pune 411 036
SEGMENTWISE REVENUE RESULTS, AND CAPITAL EMPLOYED FOR THE QUARTER ENDED 31 st DECEMBER, 2002.
       
 
(Rs. in Crores)
Sr.No.
Particulars
Quarter ended
Nine Months ended
Year ended 31st March,2002
31st Dec., 2002 31st Dec, 2001 31st Dec, 2002 31st Dec, 2001
             
1 Segment Revenue          
a - Steel Forging
179.59
122.64
477.90
340.89
466.56
b - Gen. Engg., Trading etc
1.35
1.32
3.49
6.30
7.74
  Total
180.94
123.96
481.39
347.19
474.30
   
  Less : Inter Segment Revenue
0.40
0.39
1.10
0.82
0.31
   
  Net Sales/Income from Operations
180.54
123.57
480.29
346.37
473.99
   
2

Segment Results
Profit/(Loss)(Before Tax and Interest from each segment)

 
a Steel Forging
47.39
26.85
124.56
71.24
101.46
b Gen.Engg., Trading etc.
0.02
0.01
0.43
0.07
0.18
  Total:
47.61
26.86
124.99
71.31
101.64
  Less:
1 Interest
9.32
10.39
31.20
33.96
45.37
   
2 Other un-allocable expenditure net of un-allocable income
7.97
6.32
19.49
17.25
20.99
   
Total Profit Before Tax
30.32
10.15
74.30
20.10
35.28
   
3 Capital Employed (Segment assets- Segment Liabilities)
497.24
493.60
497.24
493.60
503.88
   
a Steel Forging
2.20
2.17
2.20
2.17
3.33
   
b Gen.Engg., Trading etc.
c Unallocable Assets Less Liabilities
93.71
93.12
93.71
93.12
51.19
  Total
593.15
588.89
593.15
588.89
558.40
   
 
     
 

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 : January 15, 2003.