While brokerages said the CV cycle appears to be nearing its bottom, they expect growth momentum to pick up from Q4FY26), driven by defence and aerospace segments.
Bharat Forge Q2 profit rises 23% to ₹299 crore; defence, industrial growth offset North America slowdown. Shares jump 5.6% after results
Bharat Forge on Thursday said its profit after tax declined 12 per cent to Rs 345 crore for the fourth quarter ended March 31, 2025. The company had reported a profit after tax (PAT) of Rs 390 crore for the January-March quarter of the last fiscal. Its revenue from operations declined to Rs 2,163 crore for the fourth quarter compared to Rs 2,329 crore in the year-ago period, Bharat Forge said in a regulatory filing. For the year ended March 31, 2025, the company said its PAT stood at Rs 1,322 crore against Rs 1,425 crore in FY24. The company's revenue from operations stood at Rs 8,844 crore compared to Rs 8,969 crore in the 2023-24 fiscal. The company said its board recommended a final dividend of Rs 6 per share of the face value of Rs 2 each for the financial year ended March 31, 2025. Shares of the company on Thursday ended 2.32 per cent down at Rs 1,114 apiece on BSE.
Auto components major Bharat Forge Ltd on Wednesday reported a 16.38 per cent decline in consolidated net profit at Rs 212.78 crore in the third quarter ended December 31, 2024, impacted by lower revenue. The company had posted a profit of Rs 254.45 crore in the third quarter last fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing. Revenue from operations in the quarter under review stood at Rs 3,475.55 crore as against Rs 3,866.4 crore in the corresponding period last fiscal, it added. Total expenses in the third quarter were lower at Rs 3,165.37 crore as compared to Rs 3,529 crore in the year-ago period, the company said. BFL said its board has declared an interim dividend of Rs 2.5 per equity share of face value of Rs 2 each at the rate of 125 per cent.
Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. The company had reported a net profit of Rs 215 crore in the July-September quarter of last fiscal. Revenue from operations rose to Rs 3,688 crore as against Rs 3,774 crore in the year-ago period, Bharat Forge said in a regulatory filing. Shares of the company were trading 1.03 per cent up at Rs 1,335.10 apiece on BSE.
Shares of Bharat Forge have multiplied investors' wealth over the last two years with a rally of 122.01 per cent, as per BSE analytics
Auto components major Bharat Forge Ltd on Wednesday reported a 77.8 per cent rise in consolidated net profit at Rs 227.12 crore in the fourth quarter ended March 31, 2024, riding on higher sales. The company had posted a profit of Rs 127.74 crore in the corresponding period of the previous fiscal, Bharat Forge said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 4,164.21 crore as against Rs 3,629.05 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 3,843.55 crore as compared to Rs 3,469.05 crore in the same period a year ago. The Board of Directors at its meeting held on May 8, 2024, recommended a final dividend of Rs 6.50 per equity share of the face value of Rs 2 for the financial year ended March 31, 2024, subject to approval of shareholders at the ensuing annual general meeting, Bharat Forge said. For the fiscal ended March 31, net profit was at Rs 910.16 crore as compared to
The surge came after the company announced its March quarter results (Q4FY24), and gave a promising FY25 outlook
Brokerages have cut their earnings estimates by up to 11 per cent, given the slowdown in multiple segments
The company's stock slid 14.04 per cent on the Bombay Stock Exchange (BSE) on Monday, ending the day's trade at Rs 1,130.3 apiece
The total income for Q2FY24 came in at Rs 3,826.7 crore, compared to Rs 3,122.3 crore y-o-y, registering a rise of 22.56%
Auto components major Bharat Forge Ltd on Wednesday reported a 33.27 per cent increase in consolidated net profit at Rs 213.73 crore in the first quarter ended June 30, 2023. The company had posted a consolidated net profit of Rs 160.37 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing. Consolidated revenue from operations was at Rs 3,877.27 crore as against Rs 2,851.46 crore in the year-ago period, it added. Total expenses were higher at Rs 3,602.48 crore as compared to Rs 2,643.95 crore in the same period a year ago. Bharat Forge said its board at its meeting held on Wednesday also approved conversion of existing inter corporate deposits given by it to Kalyani Powertrain Ltd (KPTL), a wholly-owned arm, along with interest amounting to Rs 111.3 crore into equity shares, to reduce the overall borrowings at KPTL. The board also approved a further investment of an amount not exceeding Rs 150 crore in KPTL from time-to-time in one or more tranches. KPTL
Bharat Forge is the largest exporter in forgings components globally, with around 60 global customers and about 68 per cent of its revenue from exports
Brokerages have also highlighted that the energy crisis in Europe would be a big opportunity for Indian forging and casting companies such as Bharat Forge
Uncertainty on revival of demand is a key overhang for the stock
The company had posted a consolidated net profit of Rs 212.12 crore in the same period of the preceding fiscal, Bharat Forge
The company had posted a consolidated net loss of Rs 68.59 crore in the same quarter previous fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing
Analysts expect the M&HCV segment to fall by another 13-15% in FY21
Stock down 5% on weak truck and oil and gas outlook
Investors should avoid exposure with growth unlikely before FY21