Forging and advanced engineering company Bharat Forge on Thursday said it has signed an agreement with the UK-based autonomous cargo drone manufacturer Windracers Limited for a collaboration on deployment, localisation and application of the latter's Unmanned Aerial Vehicle (UAV) ULTRA across India. The Memorandum of understanding, signed between the two companies at the ongoing global defence exhibition and conference, DSEI UK 2025 in London, aligns with Bharat Forge's and Windracers' broader aerospace growth strategy of advancing UAV capabilities in India, supporting innovation, technology transfer and strategic aerospace applications across defence, the company said. The MoU begins with an initial two-year term, offering both companies the opportunity to advance localisation, conduct joint trials and shape a definitive agreement for deployment in India, Bharat Forge said. The partnership builds on the UK-India Free Trade Agreement (FTA), advancing aerospace technology transfer an
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Bharat Forge share price slipped 3.1 per cent after management expressed caution regarding its US export prospects
Bharat Forge and Samvardhana Motherson International shares fell over 3 per cent each after Trump imposed a 25 per cent tariff
Pune-based Bharat Forge acquired AAM India Manufacturing at an equity value of ₹746.46 crore. The acquired company has ₹189.48 crore cash on its books
Bharat Forge shares gained 2 per cent in trade after company inked a memorandum of understanding (MoU) with French company Turgis Gaillard to offer AAROK UAV
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AAROK is a MALE class UAV capable of flying between 10,000 and 30,000 feet and remaining airborne for up to 48 hours, aiding surveillance and strike operations
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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.
Bharat Forge's stock fell as much as 8.83 per cent during the day to ₹1,018.5 per share, the biggest intraday loss since June 4, 2024
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
The Advanced Towed Artillery Gun System (ATAGS), jointly developed with DRDO, is the most advanced 155/52 mm calibre artillery system
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Bharat Forge stock rose as much as 1.26 per cent during the day to ₹1,199 per share, after the shares initially lost over 4.4 per cent in trade
Kalyani Powertrain, an arm of Bharat Forge, on Thursday said it has entered into a technology licensing agreement with Taiwan's Compal Electronics Inc for manufacturing of 'X86 platform' servers in India. The two parties have signed a Memorandum of Understanding (MoU) to develop server business using locally manufactured solutions in India. Compal will provide Kalyani Powertrain Ltd (KPTL) technological support related to servers, including overseeing local production, assembly, testing activities, and final sales, the company said in a statement. "This association will give a strong impetus to India's manufacturing competitiveness. We are ecstatic and encouraged by the trust they have reposed on the Kalyani group for the proposed association," Bharat Forge Vice Chairman and Joint MD Amit Kalyani said. Compal CEO Tony Bonadero said Kalyani Powertrain's extensive experience in the Indian market will create synergistic effects in the collaboration. "We look forward to this being jus
Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, entered into a technology licensing agreement with Compal Electronics for the manufacturing of X86 platform servers in India
The uptick came after Kalyani Strategic Systems, a subsidiary of Bharat Forge, and AM General, USA, signed a letter of intent (LOI) for the supply of made-in-India advanced artillery cannons to the US