Bharat Forge Ltd.'s net profit for the second quarter of fiscal 2027 slipped 6.9% year-on-year, according to an exchange filing on Thursday.
The company posted a consolidated bottom-line of Rs 279 crore, compared to Rs 299 crore in the year-ago period. Revenue from operations, however, rose 20.8% to Rs 4,870 crore from Rs 4,032 crore in the corresponding quarter of the last fiscal.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Earnings before interest, taxes, depreciation and amortisation rose 5.8% to Rs 768 crore from Rs 726 crore, and Ebitda margin narrowed to 15.8% from 18% in Q2 FY26.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
The company has also approved investment of Rs 291 crore in subsidiary Kalyani Strategic Systems.
Bharat Forge's domestic revenue stood at Rs 1,080.4 crore in Q2 FY27, registering a 6.2% quarter-on-quarter (QoQ) increase and a 19.3% year-on-year (YoY) growth.
Among segments, Commercial Vehicles delivered the strongest performance, with revenue rising to Rs 320.9 crore, up 28.3% QoQ from Rs 250.1 crore and 43.9% YoY from Rs 223.1 crore.
Passenger Vehicles revenue came in at Rs 120.4 crore, growing 16% QoQ from Rs 103.8 crore and 32% YoY from Rs 91.2 crore.
The Industrial segment generated revenue of Rs 639 crore, down 3.6% QoQ from Rs 663.1 crore but up 8% YoY compared with Rs 591.5 crore.
Overall domestic revenue increased to Rs 1,080.4 crore from Rs 1,017 crore in Q1 FY27 and Rs 803.4 crore in Q2 FY26.
Additionally, other operating revenue stood at Rs 137.2 crore during Q2 FY27.
Bharat Forge (Q2, Consolidated YoY)
- Net profit down 6.9% to Rs 279 crore versus Rs 299 crore.
- Revenue up 20.8% to Rs 4,870 crore versus Rs 4,032 crore.
- Ebitda up 5.8% to Rs 768 crore versus Rs 726 crore.
- Margin at 15.8% versus 18%.
- Approved investment of Rs 291 crore in subsidiary Kalyani Strategic Systems.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
