01
Nov
Commenting on the performance of Q2 FY24, the management team of BFIL stated: Mumbai (India), November 1: Balu Forge Industries Ltd reports financial and business performance for Q2 FY24. In this quarter, Balu Forge Industries Ltd achieved the highest-ever revenue, with a remarkable 130% growth in revenue from operations, increasing from ₹ 605.56 Mn in Q2 FY23 to ₹1,392.25 Mn in Q2 FY24. This growth can be attributed to our expanded product portfolio, including the introduction of heavy-duty crankshafts, as well as increased demand for our products across a wide range of industries, such as automotive, locomotives, defense, oil and…
