Q3 2023 Bharat Forge Ltd Earnings Call Transcript

Feb 14, 2023 / 09:45AM GMT
Operator

Ladies and gentlemen, good day, and welcome to Bharat Forge Q3 FY '23 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, sir.

Amit Babasaheb Kalyani - Bharat Forge Limited - Deputy MD & Executive Director

Yes. Good afternoon, ladies and gentlemen. This is Amit Kalyani, and welcome to the Bharat Forge Q3 analyst con call. Thank you for joining us. I have with me our teams from management, both from automotive and industrial and our investor relations and finance teams.

As usual, I'll take you through a quick rundown of what happened during the quarter and then open up for Q&A. So we had -- in terms of BFL India, we had a fairly strong performance. We had a high revenue of INR 1,952 crores. Exports of INR 1,166 crores, which was our highest ever. EBITDA margin was fairly good at 25.2%, PBT was impacted in this quarter because of finance cost and exchange impact on MTM of about INR 35 crores, which is a

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