BHARAT FORGE LIMITED
Regd. Office : Mundhwa, Pune 411 036
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER AND HALF YEAR
ENDED 30TH SEPTEMBER, 2002
       
 
(Rs. in Crores)
Sr.No.
Particulars
Quarter ended
Half Year ended
Year ended 31st March,2002
(Audited)
30th Sept., 2002 30th Sept., 2001 30th Sept., 2002 (Reviewed) 30th Sept., 2001 (Reviewed)
             
1 Net Sales / Income from Operations          
  - Domestic
84.80
83.19
183.71
175.55
363.64
  - Exports
71.59
27.05
116.04
47.25
110.35
  Total Net Sales / Income from Operations
156.39
110.24
299.75
222.80
473.99
   
2 Other Income
0.21
1.98
0.34
4.15
9.07
   
3 Total expenditure :
  a) (Increase) / Decrease in stock in trade
(14.80)
(2.82)
(15.18)
(0.22)
1.92
  b) Consumption of raw materials
61.05
37.57
108.91
73.70
155.72
  c) Manufacturing Expenses
27.71
18.77
51.76
37.51
78.83
  d) Staff Cost
11.93
10.93
23.23
21.42
42.72
  e) Excise Duty
11.28
12.01
24.09
24.51
48.61
  f) Others
12.42
9.71
20.95
17.39
35.60
  Total expenditure
109.59
86.17
213.76
174.31
363.40
   
4 Profit before Interest, Depreciation and Tax
47.01
26.05
86.33
52.64
119.66
   
5 Interest
11.04
11.09
21.88
23.57
45.37
   
6 Depreciation
10.28
9.04
20.47
19.12
39.01
   
7 Profit / (Loss) before Tax
25.69
5.92
43.98
9.95
35.28
   
8 Provision for taxation
  - Current
6.76
0.84
10.95
0.84
2.84
  - Deferred
1.58
2.53
3.31
2.53
10.44
   
9 Net Profit / (Loss)
17.35
2.55
29.72
6.58
22.00
   
10 Paid-up Equity Share Capital
37.67
37.67
37.67
37.67
37.67
  (Face Value Rs.10/-)
   
11 Reserves excluding revaluation reserves
118.49
   
12 Basic and diluted Earning per share of
  Rs. 10/- each (Rs.)
4.41
0.59
7.54
1.58
5.50
   
13 Aggregate of non-promoter Shareholding
  - No of Shares
23,633,554
23,893,794
23,892,776
  - Percentage of shareholding
62.74%
63.43%
63.43%
 
     
  Notes :

1. The above results have been reviewed by the Auditors of the Company.

2. Previous period's figures are regrouped wherever necessary.

3.The above results were taken on record by the Board of Directors of the Company at it's meeting held on October 21, 2002.

Mumbai
Dated : October 21, 2002.