Bharat Forge signs Rs 1,662 crore small arms contract with Defence Ministry

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Last Updated : Dec 31 2025 | 10:16 AM IST

Bharat Forge announced that it has signed its largest-ever small arms contract, valued at Rs 1,661.9 crore, with the Ministry of Defence for the supply of 255,128 Close Quarter Battle (CQB) carbines to the Indian Army.

The order is scheduled to be executed over a period of five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact weapon, jointly developed by the Armament Research & Development Establishment (ARDE), Defence Research and Development Organisation (DRDO), and Bharat Forge.

Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering.

The companys consolidated net profit rallied 23% to Rs 299.27 crore in Q2 FY26 as against Rs 243.29 crore posted in Q2 FY25. Revenue from operations soared 9.31% YoY to Rs 4,031.92 crore in the quarter ended 30 September 2025.

Shares of Bharat Forge rose 0.94% to Rs 1,468.55 on the BSE.

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First Published: Dec 31 2025 | 10:06 AM IST

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