Bharat Forge · NSE: BHARATFORG · BSE: 500493

Q4 FY26 results · Jan–Mar 2026

Bharat Forge reported revenue from operations of ₹4,528.04 crore (up 17.5% from Q4 FY25) and net profit of ₹233.45 crore (down 17.4% from Q4 FY25) for Q4 FY26 (Jan–Mar 2026), on a consolidated basis.

Consolidated · ₹ crore
Item	Q4 FY26	Q4 FY25	YoY	Q3 FY26	QoQ
Revenue from operations	4,528.04	3,852.60	+17.5%	4,342.93	+4.3%
Other income	52.97	62.10	−14.7%	42.48	+24.7%
Total income	4,581.01	3,914.71	+17.0%	4,385.41	+4.5%
Profit before share of associates & JVs and tax	392.96	426.37	−7.8%	411.19	−4.4%
Share of profit/(loss) of associates & JVs	(0.82)	(2.27)		(3.97)
Net profit for the period	233.45	282.62	−17.4%	272.80	−14.4%
Attributable to shareholders of the company	232.56	282.00	−17.5%	264.21	−12.0%
EPS, basic (₹)	4.86	5.92	−17.9%	5.53	−12.1%
Net margin (%)	5.2	7.3		6.3

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q4 FY26	Q4 FY25	YoY	Q3 FY26	QoQ
Revenue from operations	2,260.45	2,163.03	+4.5%	2,083.66	+8.5%
Other income	28.48	48.08	−40.8%	27.32	+4.3%
Total income	2,288.93	2,211.11	+3.5%	2,110.98	+8.4%
Profit before tax	0.23	473.46	−100.0%	391.58	−99.9%
Net profit for the period	(117.76)	345.62	Turned loss	288.04	Turned loss
EPS, basic (₹)	(2.47)	7.23	Turned loss	6.03	Turned loss
Net margin (%)	-5.2	16.0		13.8

Consolidated

Filed with BSE: 07 May 2026, 22:43 IST
Board meeting: 07 May 2026
Period: 01 Jan 2026 to 31 Mar 2026
Review status: Audited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 07 May 2026, 22:43 IST
Board meeting: 07 May 2026
Period: 01 Jan 2026 to 31 Mar 2026
Review status: Audited
Source: XBRL filing on BSE