BHARAT FORGE LIMITED
Regd. Office : Mundhwa, Pune 411 036
SEGMENTWISE REVENUE RESULTS, AND CAPITAL EMPLOYED FOR THE QUARTER ENDED 31 st DECEMBER, 2003.
       
 
(Rs. in Crores)
Sr.No.
Particulars
Quarter ended
Nine Months ended
Year ended 31st March,2003
31st Dec., 2003 31st Dec, 2002 31st Dec, 2003 31st Dec, 2002
             
1 Segment Revenue          
a - Steel Forging
229.77
179.59
648.73
477.90
686.14
b - Gen. Engg., Trading etc
1.09
1.35
4.14
3.49
4.76
  Total
230.86
180.94
652.87
481.39
690.90
   
  Less : Inter Segment Revenue
0.17
0.40
1.35
1.10
1.68
   
  Net Sales/Income from Operations
230.69
180.54
651.52
480.29
689.22
   
2

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

 
a Steel Forging
63.93
47.39
171.40
124.56
179.83
b Gen.Engg., Trading etc.
0.07
0.22
0.22
0.43
1.31
  Total:
64.00
47.61
171.62
124.99
181.14
  Less:
1 Interest
7.41
9.32
24.93
31.20
40.83
   
2 Other un-allocable expenditure net of un-allocable income
8.97
7.97
18.28
19.49
27.05
   
Total Profit Before Tax
47.62
30.32
128.41
74.30
113.26
   
3 Capital Employed (Segment assets- Segment Liabilities)
   
a Steel Forging
555.91
497.24
555.91
497.24
515.48
b Gen.Engg., Trading etc.
2.60
2.20
2.60
2.20
3.09
c Unallocable Assets Less Liabilities
132.37
93.71
132.37
93.71
54.53
  Total
690.88
593.15
690.88
593.15
573.10
   
4 Secondary information in respect of Geographical segment on the basis of location of customers
a Domestic
145.86
105.86
403.68
289.57
417.53
b Exports
84.83
74.68
247.84
190.72
271.69
 
     
 

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 where all assets are located in India. Secondary segment disclosures have been made accordingly.

Pune
Dated : January 19, 2004.