Annual Report

Overview

The report highlights BFIL's record FY23 financial performance, including consolidated revenue of INR 33,928.48 lakhs and higher profitability. The company also describes its acquisition of the Mercedes Benz Truck Plant precision machining unit in Mannheim and planned capacity expansion in Karnataka. Its ESG discussion covers emissions reduction, resource efficiency, waste management, safety, employee development, and community initiatives. The report also identifies a 2030 carbon-neutrality ambition and emphasizes senior-management responsibility for ESG priorities.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2022
Period: 1 April 2022 – 31 March 2023
Publication date: 4 September 2023
Language: English
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