Bharat Forge quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	4,640	3,909	+18.7%
EBITDA	709	673	+5.4%
EBITDA margin	15.3%	17.2%	−1.9 pts
Profit before tax	55.7	414	−86.6%
Net profit	−89.9	284	—
EPS	−₹1.88	₹5.93	—

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	4,640	4,528	4,343	4,032	3,909	3,853	3,476	3,689	4,106	4,164	3,866	3,774	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	57.2	53.0	42.5	53.5	49.7	62.1	38.4	61.6	51.6	54.8	56.0	52.5
	4,697	4,581	4,385	4,085	3,958	3,915	3,514	3,750	4,158	4,219	3,922	3,827
	2,103	2,272	1,842	1,947	1,717	1,635	1,439	1,685	1,681	2,012	1,522	1,820
	11.3	23.0	19.3	22.0	14.5	67.9	7.6	71.5	84.8	−112	270	51.6
	−45.8	−143	113	−202	−35.3	20.3	23.6	−192	71.0	56.8	−11.8	−107
	594	535	535	521	514	468	436	467	499	475	450	463
	89.7	84.4	76.6	80.1	82.2	88.0	96.0	110	124	116	137	124
	263	255	249	241	226	224	218	213	218	207	224	211
	1,268	1,063	1,084	1,018	1,026	980	945	1,010	1,030	1,089	938	926
	4,283	4,089	3,919	3,627	3,544	3,483	3,165	3,364	3,707	3,844	3,529	3,488
	709	778	750	726	673	681	624	647	741	643	698	621
	446	523	501	485	447	458	406	434	523	436	474	410
Profit
	414	492	467	458	414	432	349	386	451	375	393	338
	−358	−98.7	−55.7	0.0	0.0	−5.3	0.0	0.0	−152	−10.2	0.0	−2.1
	55.7	393	411	458	414	426	349	386	299	365	393	336
	148	137	141	149	134	160	140	158	126	161	148	135
	−13.6	22.1	−6.6	8.6	−6.9	−18.8	−5.9	−16.4	−1.2	−22.7	−7.1	−12.9
	134	159	134	158	127	141	134	142	125	139	141	122
	−11.3	−0.8	−4.0	−1.4	−3.3	−2.3	−1.5	−0.6	0.7	0.6	1.7	0.5
	−89.9	233	273	299	284	283	213	243	175	227	254	215
	−78.6	234	277	301	287	285	214	244	174	227	253	214
	52.3	−181	28.4	−87.6	−101	−12.4	−6.0	−72.3	35.1	−210	−20.0	32.9
	−37.6	52.8	301	212	182	270	207	171	210	17.0	234	248
	−89.7	233	264	299	284	282	213	244	203	236	265	227
	−0.2	0.9	8.6	0.1	0.2	0.6	0.0	−0.3	−28.2	−8.8	−10.1	−12.4
Per share
	−₹1.88	₹4.86	₹5.53	₹6.26	₹5.93	₹5.92	₹4.54	₹5.23	₹4.36	₹5.07	₹5.68	₹4.88
	−₹1.88	₹4.86	₹5.53	₹6.26	₹5.93	₹5.92	₹4.54	₹5.23	₹4.36	₹5.07	₹5.68	₹4.88
Other comprehensive income — detail
	52.3	−181	28.4	−87.6	−101	−12.4	—	—	—	—	—	—
	−7.5	−165	19.1	−16.0	−1.6	−32.5	−19.2	21.6	6.3	−276	34.4	56.7
	−1.7	−0.2	4.0	−2.2	−0.4	−6.0	—	—	—	—	—	—
	—	—	—	—	—	—	−3.7	5.6	−0.1	−32.1	3.3	2.8
	87.2	−57.9	10.1	−121	−142	15.4	5.3	−122	38.3	43.5	−66.6	−32.3
	29.2	−41.8	−3.2	−47.5	−41.4	1.3	—	—	—	—	—	—
	—	—	—	—	—	—	−4.3	−33.5	9.6	10.2	−15.4	−11.3
	−37.5	52.0	293	212	182	270	207	171	238	25.9	245	260
	−0.2	0.9	8.6	0.1	0.2	0.6	0.0	−0.3	−28.2	−9.0	−10.1	−12.4
Per share — as-filed variants
	−₹1.88	₹4.86	₹5.53	₹6.26	₹5.93	₹5.92	₹4.54	₹5.23	₹4.36	₹5.07	₹5.68	₹4.88
	−₹1.88	₹4.86	₹5.53	₹6.26	₹5.93	₹5.92	₹4.54	₹5.23	₹4.36	₹5.07	₹5.68	₹4.88
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	2,571	2,376	2,369	2,264	2,213	2,129	2,006	2,124	2,269	2,208	2,086	2,010
	55.4%	52.5%	54.5%	56.2%	56.6%	55.3%	57.7%	57.6%	55.3%	53.0%	54.0%	53.3%
Adjusted (ex-exceptional items) — derived
	414	492	467	458	414	432	349	386	451	375	393	338
	−358	−98.7	−55.7	0.0	0.0	−5.3	0.0	0.0	−152	−10.2	0.0	−2.1
	53.3	292	310	299	284	286	213	243	263	233	254	216
	₹1.12	₹6.09	₹6.29	₹6.26	₹5.93	₹5.99	₹4.54	₹5.23	₹6.57	₹5.21	₹5.68	₹4.91

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BHARATFORG₹1,766.30

Bharat Forge Ltd.

· Auto & Mobility

Annual Quarterly₹ CrorePeersRKFORGE SONACOMS HEROMOTOCO TIINDIA EXIDEIND HYUNDAI TVSMOTOR BOSCHLTDMcap ₹84,453 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	3,774.2	3,866.4	4,164.2	4,106.1	3,688.5	3,475.5	3,852.6	3,908.7	4,031.9	4,342.9	4,528.0	4,639.9
Other Income	52.5	56.0	54.8	51.6	61.6	38.4	62.1	49.7	53.5	42.5	53.0	57.2
Total Income	3,826.7	3,922.4	4,219.0	4,157.8	3,750.2	3,513.9	3,914.7	3,958.5	4,085.4	4,385.4	4,581.0	4,697.2
Expenses
+ Cost of Materials Consumed	1,819.7	1,521.9	2,011.8	1,681.1	1,684.7	1,438.7	1,635.2	1,717.0	1,947.4	1,841.8	2,271.8	2,103.0
+ Purchases of Stock-in-Trade	51.6	270.2	-112.0	84.8	71.5	7.6	67.9	14.5	22.0	19.3	23.0	11.3
+ Changes in Inventories	-107.1	-11.8	56.8	71.0	-192.0	23.6	20.3	-35.3	-202.0	113.1	-143.1	-45.8
+ Employee Benefit Expense	462.7	449.8	474.9	498.7	467.2	436.2	467.8	513.7	520.6	534.6	534.6	593.5
+ Finance Costs	124.3	136.8	115.5	123.7	109.8	96.0	88.0	82.2	80.1	76.6	84.4	89.7
+ Depreciation & Amortisation	211.3	223.7	207.1	218.3	213.3	218.2	223.8	226.1	240.9	248.8	255.1	263.3
+ Other Expenses	925.8	938.4	1,089.4	1,029.6	1,009.7	945.2	980.1	1,026.0	1,018.3	1,084.3	1,063.5	1,268.4
Total Expenses	3,488.4	3,529.0	3,843.6	3,707.2	3,364.4	3,165.4	3,483.0	3,544.2	3,627.2	3,918.5	4,089.3	4,283.5
EBITDA	621.4	697.9	643.3	741.0	647.3	624.4	681.3	672.9	725.7	749.9	778.2	709.5
EBIT	410.1	474.2	436.2	522.7	433.9	406.1	457.6	446.8	484.8	501.1	523.1	446.2
Profit
PBT before Exceptional Items	338.2	393.3	375.5	450.6	385.8	348.5	431.7	414.3	458.2	466.9	491.7	413.7
+ Exceptional Items	-2.1	0.0	-10.2	-151.8	0.0	0.0	-5.3	0.0	0.0	-55.7	-98.7	-358.0
Pretax Income	336.1	393.3	365.3	298.9	385.8	348.5	426.4	414.3	458.2	411.2	393.0	55.7
+ Current Tax	134.7	147.7	161.4	126.2	158.3	140.1	160.3	134.1	149.0	141.0	136.6	148.0
+ Deferred Tax	-12.9	-7.1	-22.7	-1.2	-16.4	-5.9	-18.8	-6.9	8.6	-6.6	22.1	-13.6
Tax Expense	121.8	140.6	138.7	125.0	141.9	134.2	141.5	127.1	157.6	134.4	158.7	134.3
+ Share of Associates & JVs	0.5	1.7	0.6	0.7	-0.6	-1.5	-2.3	-3.3	-1.4	-4.0	-0.8	-11.3
Net Income	214.9	254.4	227.1	174.6	243.3	212.8	282.6	283.9	299.3	272.8	233.4	-89.9
+ Net Income — Continuing Ops	214.4	252.7	226.6	173.9	243.9	214.3	284.9	287.2	300.6	276.8	234.3	-78.6
+ Other Comprehensive Income	32.9	-20.0	-210.1	35.1	-72.3	-6.0	-12.4	-101.4	-87.6	28.4	-180.6	52.3
Total Comprehensive Income	247.7	234.4	17.0	209.6	171.0	206.8	270.2	182.5	211.7	301.2	52.8	-37.6
Net Income to Common	227.2	264.5	236.0	202.8	243.6	212.8	282.0	283.7	299.2	264.2	232.6	-89.7
Minority Interest	-12.4	-10.1	-8.8	-28.2	-0.3	0.0	0.6	0.2	0.1	8.6	0.9	-0.2
Per Share
Basic EPS	4.88	5.68	5.07	4.36	5.23	4.54	5.92	5.93	6.26	5.53	4.86	-1.88
Diluted EPS	4.88	5.68	5.07	4.36	5.23	4.54	5.92	5.93	6.26	5.53	4.86	-1.88
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	-12.4	-101.4	-87.6	28.4	-180.6	52.3
+ Items NOT to be Reclassified to P&L	56.7	34.4	-275.6	6.3	21.6	-19.2	-32.5	-1.6	-16.0	19.1	-164.7	-7.5
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-6.0	-0.4	-2.2	4.0	-0.2	-1.7
+ Tax on Items NOT to be Reclassified — alt tag	2.8	3.3	-32.1	-0.1	5.6	-3.7	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-32.3	-66.6	43.5	38.3	-121.8	5.3	15.4	-141.6	-121.4	10.1	-57.9	87.2
+ Tax on Items to be Reclassified	—	—	—	—	—	—	1.3	-41.4	-47.5	-3.2	-41.8	29.2
+ Tax on Items to be Reclassified — alt tag	-11.3	-15.4	10.2	9.6	-33.5	-4.3	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	260.1	244.5	25.9	237.9	171.3	206.8	269.6	182.3	211.6	292.7	52.0	-37.5
Comprehensive Income — Non-controlling Interests	-12.4	-10.1	-9.0	-28.2	-0.3	0.0	0.6	0.2	0.1	8.6	0.9	-0.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	4.88	5.68	5.07	4.36	5.23	4.54	5.92	5.93	6.26	5.53	4.86	-1.88
Diluted EPS — Continuing Operations	4.88	5.68	5.07	4.36	5.23	4.54	5.92	5.93	6.26	5.53	4.86	-1.88
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	2,010.0	2,086.1	2,207.6	2,269.3	2,124.3	2,005.7	2,129.2	2,212.6	2,264.5	2,368.7	2,376.3	2,571.4
Gross Margin %	53.26	53.95	53.01	55.27	57.59	57.71	55.27	56.61	56.16	54.54	52.48	55.42
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	338.2	393.3	375.5	450.6	385.8	348.5	431.7	414.3	458.2	466.9	491.7	413.7
− Exceptional Items (reconciliation)	-2.1	0.0	-10.2	-151.8	0.0	0.0	-5.3	0.0	0.0	-55.7	-98.7	-358.0
Net Income Adj (tax-effected)	216.2	254.4	233.5	262.9	243.3	212.8	286.2	283.9	299.3	310.3	292.3	53.3
EPS Adj	4.91	5.68	5.21	6.57	5.23	4.54	5.99	5.93	6.26	6.29	6.09	1.12
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Filed Debt Equity	0.00	—	0.00	0.00	1.00	1.00	0.00	0.67	0.66	0.62	0.72	0.73
Filed Dscr	0.00	—	0.00	0.00	1.00	1.00	0.00	1.73	1.67	2.27	0.17	3.74
Filed Iscr	0.00	—	0.00	0.00	6.00	6.00	0.00	8.28	8.28	8.67	0.20	8.11
Paid Up Equity Capital	93.1	93.1	93.1	93.1	93.1	95.6	95.6	95.6	95.6	95.6	95.6	95.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Bharat Forge Q2 FY27 results date

Bharat Forge (NSE: BHARATFORG) will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, according to the board-meeting notice it filed on 27 October 2026. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net loss was ₹89.7 crore, against a profit of ₹284 crore in Q1 FY26 and against a profit of ₹233 crore in Q4 FY26. Revenue from operations was ₹4,640 crore, up 18.7% year on year and up 2.5% from the previous quarter.

Board-meeting notice filed: 27 October 2026
Q2 FY26 results (a year earlier): 11 November 2025
Q1 FY27 results (the latest): 10 August 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results date: 5 November 2026Thursday · notice filed 27 Oct
Q1 FY27 net loss: −₹89.7 Crprofit ₹284 Cr in Q1 FY26profit ₹233 Cr in Q4 FY26
Q1 FY27 revenue: ₹4,640 Cr+18.7% vs Q1 FY26+2.5% vs Q4 FY26
Q1 FY27 operating margin: 9.6%−1.8 pts vs Q1 FY26−1.9 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹299 CrRevenue ₹4,032 Cr
Q1 FY27 EPS (basic): −₹1.88

Questions

When will Bharat Forge announce its Q2 FY27 results?

On 5 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 27 October 2026). Last year it reported Q2 FY26 on 11 November 2025.

What will Bharat Forge's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹299 crore and revenue from operations ₹4,032 crore. The latest quarter, Q1 FY27, had a net loss of ₹89.7 crore and revenue of ₹4,640 crore.

What were Bharat Forge's Q1 FY27 results?

Consolidated net loss was ₹89.7 crore, against a profit of ₹284 crore in Q1 FY26 and against a profit of ₹233 crore in Q4 FY26. Revenue from operations was ₹4,640 crore, up 18.7% year on year and up 2.5% from the previous quarter.

How has Bharat Forge's profit changed over the last four quarters?

Net profit by quarter: a profit of ₹299 crore in Q2 FY26, a profit of ₹264 crore in Q3 FY26, a profit of ₹233 crore in Q4 FY26 and a loss of ₹89.7 crore in Q1 FY27. That is a combined profit of ₹706 crore over the four quarters, down 30.9% from ₹1,022 crore in the four quarters before. Revenue from operations: ₹4,032 crore, ₹4,343 crore, ₹4,528 crore and ₹4,640 crore.

What was Bharat Forge's net profit in FY26?

Consolidated net profit was ₹1,080 crore in FY26 (April 2025–March 2026), up 14.7% from ₹941 crore in FY25. It was ₹951 crore in FY24 and ₹459 crore in FY23: up 135.4% over three years, 33.0% a year on average.

What was Bharat Forge's revenue in FY26?

Revenue from operations was ₹16,812 crore in FY26 (April 2025–March 2026), up 11.2% from ₹15,123 crore in FY25. It was ₹15,682 crore in FY24 and ₹12,910 crore in FY23: up 30.2% over three years, 9.2% a year on average.

Where do these Bharat Forge figures come from?

From Bharat Forge's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.