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The PAT for the quarter came in at Rs. 8.17 crore, yoy increase of 496.4 per cent. This was partly driven by almost 80 per cent yoy decline in interest expenses.

Bharat Forge reported its results for the quarter ended December 31, 2017 on Thursday. The company's standalone revenue for the quarter came in at Rs. 1,390.55 crore, registering 40.5 per cent yoy increase. This was driven by 33 per cent growth in domestic revenues and 61 per cent growth in export revenues.

The company's standalone revenue for the quarter came in at Rs 128.62 crore, registering an increase of 40.4% YoY. Its  EBITDA for the quarter rose by 144.6% YoY to Rs 11.84 crore with a corresponding margin expansion of 392 bps.

The company's consolidated revenue for the quarter came in at Rs. 132.26 crore, registering 28.3 per cent yoy increase. EBITDA for the quarter rose by 61.9 per cent yoy to Rs. 14.75 crore with a corresponding margin expansion of 232 bps. EBITDA margin for the quarter stood at 11.2 per cent.

The company's consolidated revenue for the quarter came in at Rs 448.51 crore, registering an increase of 5.6 per cent YoY. This was primarily driven by revenue growth of 4 per cent in express distribution & supply chain, 8.5 per cent in fuel sales and 36.5 per cent in other sales.