BHARAT FORGE LIMITED
Regd.Office : Mundhwa, Pune 411 036.
UNAUDITED FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTER
ENDED 30 TH JUNE, 2002
       
(Rs in Crores)
Sr.No.
Particulars
Quarter ended
 Year ended
30th June, 2002 30th June, 2001 31st March, 2002
         
   
(Audited)
1 Net Sales / Income from Operations
  - Domestic
98.91
92.36
363.64
  - Exports
44.45
20.20
110.35
  Total Net Sales/Income from Operations
143.36
112.56
473.99
   
2 Other Income
0.13
2.17
9.07
   
3 Total expenditure :
  a) (Increase) / Decrease in stock in trade
(0.82)
(0.70)
(3.22)
  b) Consumption of raw materials
48.30
39.43
154.42
  c) Manufacturing Expenses
24.05
18.74
78.83
  d) Staff Cost
11.30
10.49
42.72
  e) Excise Duty
12.81
12.50
48.61
  f) Others
8.53
7.68
35.60
  Total expenditure
104.17
88.14
363.40
   
4 Profit before Interest, Depreciation and Tax
39.32
26.59
119.66
   
5 Interest
10.84
12.48
45.37
   
6 Depreciation
10.19
10.08
39.01
   
7 Profit / (Loss) before Tax
18.29
4.03
35.28
   
8 Provision for taxation
  - Current
4.19
-
2.84
  - Deferred
1.73
-
10.44
   
9 Net Profit / (Loss)
12.37
4.03
22.00
   
10 Paid-up Equity Share Capital
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.)
3.13
0.99
5.50
   
13 Aggregate of non-promoter Shareholding
  - No of Shares
23,892,776
  - Percentage of shareholding
63.43%
 
     
  Notes :

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

2.The above unaudited results were taken on record by the Board of Directors of the Company at it's meeting held on    July 20, 2002.



Pune
Dated : July20, 2002