Bharat Forge Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors has approved the financial results for the quarter and half-year ended September 30, 2024. Consolidated revenue from operations reached ₹77,947 million, marking an increase compared to the previous half-year. The profit for the period was reported at ₹4,179 million. Additionally, significant equity investments were approved in Bharat Forge Global Holding GmbH (₹36.95 crore), Bharat Forge America Inc. (₹54.47 crore), and Kalyani Powertrain Limited (₹20.75 crore). Changes in senior management were also noted, including the appointment of Mr. Krishnan Iyer and Mr. Srinivasu Malladi, and the resignation of Mr. Atul Jagtap.