{"id":152357,"date":"2023-08-10T07:58:32","date_gmt":"2023-08-10T11:58:32","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152357"},"modified":"2023-08-10T07:58:33","modified_gmt":"2023-08-10T11:58:33","slug":"bharat-gears-ltd-q1fy24-7-fall-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/bharat-gears-ltd-q1fy24-7-fall-in-revenue\/","title":{"rendered":"Bharat Gears Ltd Q1FY24; 7% fall in Revenue"},"content":{"rendered":"\n<p>Bharat Gears Ltd. (BGL) (Incorporated in 1971) is India&#8217;s largest gear manufacturer. BGL is a major global supplier of automotive gears and heat treatment furnaces. BGL manufactures a wide range of gears for HCV, MCV, LCV, utility, and off-highway vehicles. The manufacturing facilities are located in Mumbra, Faridabad, and Satara. The Company has a strong Dealer network of 72 dealers in 26 states covering the entire domestic geography and 3 sales offices in Delhi, Mumbai &amp; Kolkata.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Bharat Gears Ltd reported Revenues for Q1FY24 of \u20b9170.48 Crores down from \u20b9183.97 Crore year on year, a fall of 7.33%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9171.91 Crores down from \u20b9180.59 Crores year on year, a fall of 4.81%.<\/p>\n\n\n\n<p>Consolidated Net Profit of -\u20b90.76 Crores from \u20b94.30 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is -\u20b90.49, from \u20b92.79 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563-839x1024.png\" alt=\"\" class=\"wp-image-152360\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Gears Ltd. (BGL) (Incorporated in 1971) is India&#8217;s largest gear manufacturer. BGL is a major global supplier of automotive gears and heat treatment furnaces. BGL manufactures a wide range of gears for HCV, MCV, LCV, utility, and off-highway vehicles. The manufacturing facilities are located in Mumbra, Faridabad, and Satara. The Company has a strong [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":152360,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9403],"class_list":["post-152357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-infrastructure"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-563.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":154300,"url":"https:\/\/alphastreet.com\/india\/bharat-rasayan-ltd-q1fy24-81-fall-in-profits\/","url_meta":{"origin":152357,"position":0},"title":"Bharat Rasayan Ltd Q1FY24; 81% fall in Profits","author":"Divyansh_Kasana","date":"August 17, 2023","format":false,"excerpt":"Bharat Rasayan Ltd is engaged in manufacturing Technical Grade Pesticides and Intermediates used in the agro-chemical industry. It was incorporated in 1989. Financial Results: Bharat Rasayan Ltd reported Revenues for Q1FY24 of \u20b9239.20 Crores down from \u20b9327.40 Crore year on year, a fall of 26.94%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1198.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151898,"url":"https:\/\/alphastreet.com\/india\/jay-bharat-maruti-ltd-q1fy24-35-fall-in-profits\/","url_meta":{"origin":152357,"position":1},"title":"Jay Bharat Maruti Ltd Q1FY24; 35% fall in Profits","author":"Hardik Bhandare","date":"August 8, 2023","format":false,"excerpt":"Jay Bharat Maruti Limited, founded in 1983, in collaboration with Maruti Suzuki India Limited (MSIL), is the leading manufacturer of key auto components and assemblies such as exhaust systems, fuel fillers (fuel pipe), and suspension parts for passenger cars. Their manufacturing plants are located in Gurgaon, Bawal, Manesar (Haryana) and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-409.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150025,"url":"https:\/\/alphastreet.com\/india\/bharat-petroleum-corporation-ltd-q1fy24-7-fall-in-revenue\/","url_meta":{"origin":152357,"position":2},"title":"Bharat Petroleum Corporation Ltd Q1FY24; 7% fall in Revenue.","author":"Divyansh_Kasana","date":"July 26, 2023","format":false,"excerpt":"Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products. 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The company was started in 1939 and is the 4th largest cement manufacturer by installed capacity in India. Financial Results: Dalmia Bharat Ltd reported Revenues for Q1FY24 of \u20b93,624.00 Crores up from \u20b93,302.00 Crore year\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=152357"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/152357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/152360"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=152357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=152357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=152357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}