Bharat Forge's Q3 FY 2025-26 Quarterly Results
- 13 Feb 2026
Result Summary
- Bharat Forge Ltd reported a 7.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 24.8%.
- Its expenses for the quarter were up by 8.0% QoQ and 23.8% YoY.
- The net profit increased 0.7% QoQ and increased 41.6% YoY.
- The earnings per share (EPS) of Bharat Forge Ltd stood at 5.53 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 4385.41 | 4085.44 | 3513.91 | 7.3% | 24.8% |
Total Expenses | 3918.51 | 3627.24 | 3165.37 | 8.0% | 23.8% |
Profit Before Tax | 411.18 | 457.82 | 348.54 | -10.2% | 18.0% |
Tax | 134.42 | 157.55 | 134.22 | -14.7% | 0.1% |
Profit After Tax | 301.24 | 299.28 | 212.78 | 0.7% | 41.6% |
Earnings Per Share | 5.53 | 6.26 | 4.54 | -11.7% | 21.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bharat Forge Ltd is a leading Indian multinational company primarily engaged in the manufacturing of high-performance, critical and safety components for a range of industries including automotive, power, oil and gas, construction and mining, rail, marine, and aerospace. As a part of the Kalyani Group, Bharat Forge is recognized as one of the largest forging companies globally. The company is known for its advanced manufacturing capabilities and a diversified product portfolio. As of the information available up to October 2023, there are no specific recent major developments provided in the data. The company's continued focus on innovation and strategic expansions contributes to its standing in the industry.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Bharat Forge Ltd reported total income of ₹4385.41 crores, reflecting a significant increase compared to both the previous quarter (Q2FY26) and the same quarter in the previous year (Q3FY25). The total income in Q2FY26 was ₹4085.44 crores, showing a quarter-over-quarter (QoQ) growth of 7.3%. When compared to Q3FY25, where the total income was ₹3513.91 crores, the year-over-year (YoY) increase stands at 24.8%. This consistent growth in revenue highlights the company's ability to enhance its income streams over both short and long terms.
Profitability
Bharat Forge Ltd's profitability metrics for Q3FY26 demonstrate a mixed performance. The company reported a profit before tax (PBT) of ₹411.18 crores, which is a decrease from ₹457.82 crores in Q2FY26, marking a QoQ decline of 10.2%. However, compared to Q3FY25, where the PBT was ₹348.54 crores, there is an increase of 18.0% YoY. The profit after tax (PAT) for Q3FY26 was ₹301.24 crores, slightly up from ₹299.28 crores in Q2FY26, representing a modest QoQ growth of 0.7%. Compared to Q3FY25, where the PAT was ₹212.78 crores, there is a substantial YoY increase of 41.6%. The earnings per share (EPS) for Q3FY26 stood at ₹5.53, which is lower than ₹6.26 in Q2FY26, reflecting an 11.7% decline QoQ, but higher than ₹4.54 in Q3FY25, showing a 21.8% increase YoY.
Operating Metrics
The total expenses for Bharat Forge Ltd in Q3FY26 were ₹3918.51 crores, an increase from ₹3627.24 crores in Q2FY26, marking an 8.0% QoQ rise. Compared to Q3FY25, when expenses were ₹3165.37 crores, there is a YoY increase of 23.8%. The tax expense for Q3FY26 was ₹134.42 crores, down from ₹157.55 crores in Q2FY26, a decrease of 14.7% QoQ, while it remains relatively stable compared to ₹134.22 crores in Q3FY25, with a marginal YoY change of 0.1%. These figures provide insights into the company's cost management and tax efficiencies over the reporting periods.