Europe weighs on Bharat Forge Q2 topline, investments in subsidiaries announced
The company posted a modest rise of 3% on year in the EBITDA at Rs 625.4 crore, with margins coming in at 27.8% versus 27.1% on year. The company said revenue was impacted by weakness in the European automotive markets.
Bharat Forge posted a standalone net profit of Rs 361 crore,
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