Bharat Forge Limited’s Board of Directors met on February 12, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company declared an interim dividend of Rs. 2/- per equity share (100% on face value of Rs. 2/-), payable by March 12, 2026. Standalone revenue from operations for the quarter was ₹20,836.60 Million, showing a 7.03% increase from the previous quarter’s ₹19,468.62 Million, but a marginal 0.59% decrease from ₹20,959.39 Million in the same quarter last year. Standalone profit after tax stood at ₹2,880.41 Million, a decrease of 7.06% from the previous quarter’s ₹3,099.36 Million and a 16.76% decline from ₹3,460.40 Million year-on-year. On a consolidated basis, revenue reached ₹43,429.34 Million, up 7.71% quarter-on-quarter and 24.96% year-on-year, while consolidated profit was ₹2,728.02 Million, down 8.85% from the previous quarter but up 28.21% compared to the corresponding quarter of the previous year.
| Financial Result Analysis (Standalone) | Value (in Million) | % Change (QoQ) | % Change (YoY) |
| Revenue from Operations | ₹20,836.60 | 7.03% Increase | 0.59% Decrease |
| Profit for the Period | ₹2,880.41 | 7.06% Decrease | 16.76% Decrease |
Bharat Forge Limited is a leading global technology-driven company and a major player in the metal forming industry, headquartered in Pune, India. The company operates across diverse sectors, including automotive, power, oil and gas, construction, mining, rail, marine, and aerospace. It is a flagship company of the Kalyani Group and maintains a significant global presence with manufacturing facilities across India, Germany, and North America. The business is structured into three primary reporting segments: Forgings, Defence, and Others. The Forgings segment remains the largest revenue contributor, producing forged and machined components for the automotive and industrial sectors. The Defence segment focuses on high-tech products for defence applications, while the “Others” segment handles various other strategic initiatives. Recently, the company has been active in restructuring, including the merger of step-down subsidiary Ferrovia Transrail Solutions Private Limited with BF Infrastructure Limited. Additionally, its subsidiary BF Industrial Solutions Limited recently entered into an agreement for an investor to acquire a 23% stake in IS Auto for approximately ₹3,000 Million.
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