Feb 10, 2020 / 10:00AM GMT
Operator
Ladies and gentlemen, good day, and welcome to the Bharat Forge Q3 FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Amit Kalyani. Thank you, and over to you.
Amit B. Kalyani - Bharat Forge Limited - Deputy MD & Executive Director
Good afternoon, ladies and gentlemen. This is Amit Kalyani. Thank you for joining us for our Q3 investor call. As is usual, I have our finance team and Investor Relations team with me.
I'll take you through our numbers very quickly. I'm sure you have a lot of questions, which we will try to answer.
On the whole, we've had a pretty poor performance for the quarter driven largely by the downturn both in the domestic industry as well as overseas in the Industrial space.
On the commercial vehicle side, we've seen a 25% degrowth over last year for exports. On the passenger car side, we've seen a 15% growth over last year. On the Industrial side, on aggregate, we've seen about 50% degrowth over last year
Q3 2020 Bharat Forge Ltd Earnings Call Transcript
Mar 19, 2024
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