Bharat Forge: Highlights of the Year

Reflecting on a year of progress
and achievements

Delivered record performance

₹12,910 Crore

Consolidated revenues

₹7,573 Crore

Standalone revenues

₹4,461 Crore

Export revenues

Record Order Wins

We won a record ₹3,900 crore of orders driven by order inflow of ₹2,000 crore from Defence, ₹1,500 crore in the core forging business across automobiles and Industrials and ₹380 crore in JS Autocast.

Maiden export order in Defence

Our Defence subsidiary, Kalyani Strategic Systems Ltd. secured its maiden export order of USD 155.5 million for Artillery Gun System.

JS Autocast Consolidation

Consolidated operations at JS Autocast and further enhanced its competencies with the acquisition of assets of Indo Shell Mould Ltd.’s SEZ unit. This has strengthened our foothold in the casting space and the additional capacities will be crucial in meeting growing demand.

Commencement of E-2W Manufacturing Plant

We successfully started commercial production at our new Electric 2-wheeler manufacturing at Chakan. It has capacity of 60,000 vehicles per annum, expandable to 100,000 vehicles.

Prestigious Recognitions from Customers