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Bharat Forge Q2 Review - Below Our Estimate; Performance Hurt By Cost Inflation, One-Time Cost: Motilal Oswal

Gross margin was impacted by raw material costs inflation (40-45 bps) and a one-time charge for the defense business.

<div class="paragraphs"><p>Bharat Forge Ltd.'s machining facility (Source: Company website)</p></div>
Bharat Forge Ltd.'s machining facility (Source: Company website)
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