Mumbai, May 7: Bharat Forge, an automobile component manufacturing company, released its financial results for the fourth quarter of FY26 on Thursday. The company’s profit fell by 17.4% year-on-year to ₹233.44 crore. In the same quarter of FY25, the profit was ₹282.62 crore.
In an exchange filing, the company reported that its operational income for Q4 FY26 increased by 17.53% to ₹4,528.04 crore, compared to ₹3,852.6 crore during the same period last year.
Bharat Forge’s EBITDA rose by 14.21% to ₹778 crore in Q4 FY26, up from ₹681 crore in Q4 FY25. According to regulatory filings, there was a slight improvement in EBITDA margin, which increased from 17.68% a year ago to 17.81%.
The company’s board has recommended a final dividend of ₹6.50 per share with a face value of ₹2 for FY26, subject to approval at the upcoming annual general meeting. If approved, the dividend will be paid on or after August 14, 2026.
Commenting on the company’s performance, Chairman and Managing Director Baba Kalyani noted that Bharat Forge received new orders worth ₹4,814 crore during FY26, including defense contracts totaling ₹2,816 crore.
Kalyani stated, “We have initiated the restructuring process of the steel business at CDP Bharat Forge, and we expect this process to be completed by the end of FY27.” He further added that management is exploring various alternative business opportunities in Europe to leverage its limited manufacturing base.
Bharat Forge’s shares closed at ₹1,997 on the National Stock Exchange (NSE), up by 6.57% or ₹123.20.
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