Full Year 2021 Bharat Forge Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Bharat Forge Limited Q4 FY '21 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.
Good afternoon, everyone, and thank you for joining our end-of-year results call. I hope everyone is doing well, and I'm sure this has been a difficult time for everyone. I'm confident we'll get through it.
So coming to the business on hand, as usual, I have members of our Finance and Investor Relations team with me. So we've had a fairly decent end to the year, which was a very trying and difficult year for all of us. All segments of export, including oil and gas, started seeing very good growth. Q4 witnessed a 42% growth in exports driven by a 90% growth in the Industrials business. Passenger car exports hit an all-time high of INR 164 crores.
Cost pressures are quite high on raw materials
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