Bharat Forge Q1 Results



Cons profit at Rs 175 cr
Cons revenue from operations at Rs 4,106 cr
To raise funds worth Rs 2,000 cr
Closure of Indigenous IL, non-operational unit
Conversion of $12 mln loan to Bharat Forge America Inc. into equity
Transfer of 39.43% stake in TMJ Electric to Bharat Forge International
To transfer stake in Refu Drive GmbH to KPTL for €11.509 million

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