Bharat Forge Q1 Results: Management expects positive momentum to continue
Thu, Aug 8, 2024 1:11 PM

Bharat Forge Q1 Results: Management expects positive momentum to continue

A Flip by Shubhangi Gupta
Get it on Google Play
Bharat Forge Ltd., the machined component manufacturer, reported a net profit of ₹269.4 crore for the April-June period on Thursday, which was below the CNBC-TV18 poll of ₹392 crore. The company's bottomline was impacted by an exceptional loss of ₹146 crore which the company faced during the quarter. Revenue for the quarter stood at ₹2,338 crore for Bharat Forge.

More great flips

Geena Binoy Takes Helm as Tata Tech CHRO

Geena Binoy Takes Helm as Tata Tech CHRO

Tata Technologies has appointed Geena Binoy as its new chief human resources officer (CHRO), the global engineering and product development digital services company announced in a statement. Binoy, who is already a member of the company’s executive leadership team and is in charge of worldwide delivery for digital enterprise solutions (DES), will be in charge of driving its HR Strategies.

Open Flip
Better buy than pay hefty rent: Bengaluru sees a change

Better buy than pay hefty rent: Bengaluru sees a change

Soaring rents for living in Bengaluru have shifted the age median age for the first-time homebuyers from 42 to 34 in the last three years as millennials and Gen Z increasingly chose to buy, instead of taking on rent, according to experts. Data from proptech firm NoBroker shows that tenants in key cities would typically move around nine times before purchasing a home.

Open Flip
Kross IPO subscribed 140% so far on Day 2. Check GMP, other details

Kross IPO subscribed 140% so far on Day 2. Check GMP, other details

The initial public offering (IPO) of Kross Ltd., which opened for subscription on Monday, was subscribed 1.4 times so far on Tuesday, the second day of the bidding process. Around 11:45 am, the highest demand was driven by the retail investors, booking the issue by 2.34 times, followed by the non-institutional investors, subscribing to the issue by 1.13 times.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon