Bharat Forge has released its audited consolidated financial results for the quarter ending March 31, 2026, showcasing a notable increase in total income but a decline in net profit.
In the March 2026 quarter, Bharat Forge's total income rose by 17% year-on-year (YoY) to ₹4,581.01 crore, compared to ₹3,914.71 crore in the same quarter the previous year.
This also marks a 4.5% increase quarter-on-quarter (QoQ) from ₹4,385.41 crore in the December 2025 quarter.
However, the net profit (PAT) declined by 17.4% YoY to ₹233.45 crore from ₹282.62 crore a year ago, and by 14.4% QoQ from ₹272.80 crore in the December 2025 quarter.
For the fiscal year 2026, Bharat Forge reported a 10.9% increase in total income, reaching ₹17,010.34 crore, up from ₹15,336.57 crore in the previous year.
The net profit for FY26 also saw a rise of 19.3% YoY, amounting to ₹1,089.40 crore compared to ₹913.28 crore in FY25.
The company has recommended a final dividend of ₹6.50 per equity share with a face value of ₹2 each, translating to a 325% rate for the financial year ending March 31, 2026.
This dividend is subject to approval at the upcoming 65th Annual General Meeting (AGM) scheduled for August 11, 2026, and will be paid on or after August 14, 2026.
On May 7, 2026, the Board of Directors approved the re-appointment of Mr. Ashish Bharat Ram as a Non-Executive Non-Independent Director for a term of 5 years starting September 1, 2026. This decision awaits approval at the AGM.
Read More: Poonawalla Fincorp Shares Surges Over 2% On Q4FY26 Profit Surge To ₹255 Crore!
As of May 07, 2026, at 1:50 PM, Bharat Forge share price on NSE was trading at ₹1,967.50 up by 5.00% from the previous closing price.
Bharat Forge's financial results for the March 2026 quarter highlight a significant increase in total income despite a decline in net profit. The company has also announced a final dividend and re-appointment of a key board member, subject to AGM approval.
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Published on: May 7, 2026, 2:33 PM IST
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