The Board of Directors of Bharat Forge Limited met on May 7, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. In a significant move for shareholders, the board recommended a final dividend of Rs. 6.50 per equity share (325%) for the 2025-26 financial year. On a consolidated basis, the company reported a total income of Rs. 45,810.11 Million for the quarter ended March 31, 2026, representing a growth of 4.46% compared to the previous quarter and a 17.02% increase over the same quarter last year. While revenue showed steady momentum, the company reported a consolidated net profit of Rs. 2,767.70 Million for the quarter, reflecting a slight dip from the previous quarter but maintaining a robust annual performance.

Financial Metric (Consolidated)Q4 FY26 (Mar ’26)Q3 FY26 (Dec ’25)Q4 FY25 (Mar ’25)% Change (QoQ)% Change (YoY)
Total Income (in Million)45,810.1143,854.1339,147.084.46% Increase17.02% Increase
Net Profit (in Million)2,767.702,767.70*

*Note: Comparative consolidated net profit figures are derived from reported quarterly outcomes.

Bharat Forge Limited, a cornerstone of the USD 3.5 billion Kalyani Group, is a global technology-driven manufacturing powerhouse with a presence across sectors including Automotive, Defence, Aerospace, and Industrial. In 2025, the company reached a significant milestone by scaling its defense business, recording record export contracts for ATAGS and MArG 155mm guns, which shifted its business model toward high-value systems integration. The company continues to expand its global footprint, recently entering a strategic partnership to acquire a 30% stake in Fortuna Engineering Private Limited to bolster its automotive and off-road component manufacturing capabilities. Renowned institutional investors like the Life Insurance Corporation of India (LIC), which holds a 4.46% stake as of March 2026, and prominent funds like HDFC Defence Fund and Kotak Flexicap Fund continue to maintain significant positions in the company.

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