Bharat Forge Q2 update

 Revenue of Q2 FY 2007 includes the revenue from Bharat Forge America (Inc) USA (BFA) and Bharat Forge Kilsta AB group based in Sweden & Scotland. The revenue of the corresponding quarter previous year include only BFA which was acquired in June 2005.

 The Company has achieved a strong growth, both in top-line as well as EBIDTA & PBT. The EBIDTA margin continues to be strong at 18.2% despite the quarter having significantly lesser working days due to annual vacations in the Europe.