Whole bills within the third quarter have been decrease at ₹3,165.37 crore as in comparison with ₹3,529 crore within the year-ago interval, the corporate mentioned.
BFL mentioned its board has declared an interim dividend of ₹2.5 per fairness share of face worth of ₹2 every on the price of 125 per cent. The interim dividend is scheduled to be paid by Wednesday, March 12, with Tuesday, February 18, set because the file date.
On the operational stage, EBITDA (earnings earlier than curiosity, tax, depreciation, and amortization) declined by 8 per cent year-on-year to ₹609.7 crore within the third quarter, down from ₹663 crore.
The EBITDA margin noticed a slight drop to 29.1 per cent within the reporting quarter, in comparison with 29.3 per cent in the identical interval of the earlier fiscal yr.
The outcomes have been introduced after market hours. Bharat Forge Ltd’s shares closed at ₹1,105.55 on the BSE, marking a decline of ₹6.85 or 0.62 per cent.
