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Filtrec Bharat’s New Facility

As Filtrec Bharat forges ahead with its commitment to innovation and sustainability, the collaboration with Schwing Stetter India sets a precedent for the industry.

BEML privatisation moves into phase 2

In January this year, the Central Government had invited expressions of interest (EoI) for the strategic sale of 26 per cent stake in Bharat Earth-Movers (BEML).

BEML privatisation moves into phase 2

Earlier, interested bidders were told to submit their EoIs on or before March 1. However, the Government recently extended the deadline for submitting preliminary bids till March 22.

ACE President Pradeep Sharma passes away

Pradeep Sharma, President of Action Construction Equipment (ACE), passed away on August 5, 2020.

Bharat Forge posts revenue growth in Q2

Bharat Forge witnessed broad-based growth across all business segments and geographies during the second quarter (Q2) of the financial year 2019.

Bharat Forge opens Industry 4.0 Centre of Excellence

Bharat Forge opened its new Industry 4.0 Centre of Excellence in partnership with PTC at its manufacturing plant in Pune.

Bharat Forge wins award

Bharat Forge was awarded the ?AIMA Managing India Awards ? Indian MNC of the Year?. The award was received by Baba N Kalyani, Chairman and Managing Director, Bharat Forge at the hands of Jayant Sinha, Union Minister of State for Civil Aviation, Government of India.

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18.

Bharat Forge in contract with Boeing

Bharat Forge (BFL) has signed a multi-year contract with Boeing Commercial Airplane to supply titanium forgings for wing components for the Next-Generation 737 and 737 MAX.

Growth Opportunities

The forging industry is a major contributor to the manufacturing sector in India. The installed capacity of the Indian forging industry during 2012-13 was 3.8 million metric tonne (mmt) against which total production was 2.1 mmt. The production fell to 2 mmt in 2013-14 and is expected to increase marginally to 2.3 mmt during the current year

Bharat Forge reports strong results

Bharat Forge reported in-line results for the third quarter of FY2013-14 aided by strong growth in exports. The performance appears strong on an year-on-year (yoy) basis mainly due to the base effect. On a sequential basis though, the results are broadly stable and are driven by exports (revenue up by 3.5 per cent qoq) even as the domestic operations (revenues down by 13.8 per cent qoq) continue to remain under pressure.

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