Castings & Forgings company Bharat Forge announced Q4FY26 & FY26 results Consolidated Financial Highlights: Consolidated Revenue from Operations for Q4FY26 was Rs 45,280.41 million, reflecting a growth of 4.26% QoQ from Rs 43,429.34 million in Q3FY26 and a YoY increase of 17.53% compared to Rs 38,526.04 million in Q4FY25. Consolidated Total Income for the quarter ended March 31, 2026, stood at Rs 45,810.11 million, up 4.46% QoQ from Rs 43,854.13 million and up 17.02% YoY from Rs 39,147.08 million. The company reported a Consolidated Net Profit of Rs 2,334.48 million for Q4FY26, a decline of 14.43% QoQ from Rs 2,728.02 million and a decrease of 17.40% YoY from Rs 2,826.24 million in Q4FY25. For FY26, Consolidated Revenue from Operations reached Rs 1,68,116.53 million, representing a YoY growth of 11.17% compared to Rs 1,51,228.03 million in FY25. Consolidated Total Income for FY26 was Rs 1,70,103.36 million, an increase of 10.91% over the Rs 1,53,365.67 million reported in FY25. Consolidated Net Profit for FY26 stood at Rs 10,893.98 million, marking a YoY increase of 19.28% from Rs 9,132.75 million in FY25. Consolidated Earnings Per Share (EPS) for FY26 was Rs 22.58, compared to Rs 20.05 in FY25. Standalone Financial Highlights: Standalone Revenue from Operations for Q4FY26 was Rs 22,604.49 million, representing an 8.48% QoQ increase from Rs 20,836.60 million and a 4.50% YoY increase from Rs 21,630.29 million. Standalone Total Income for the quarter stood at Rs 22,889.33 million, showing a QoQ growth of 8.43% from Rs 21,109.76 million and a YoY growth of 3.52% from Rs 22,111.05 million. The company reported a Standalone Net Loss of Rs 1,177.57 million for Q4FY26, compared to a profit of Rs 2,880.41 million in Q3FY26 and a profit of Rs 3,456.25 million in Q4FY25. For FY26, Standalone Revenue from Operations reached Rs 83,956.78 million, a decrease of 5.07% YoY from Rs 88,437.30 million in FY25. Standalone Total Income for FY26 was Rs 85,401.35 million, compared to Rs 90,025.83 million in FY25. Standalone Net Profit for FY26 stood at Rs 8,187.41 million, reflecting a YoY decline of 38.08% from Rs 13,222.51 million in FY25. Standalone Earnings Per Share (EPS) for FY26 was Rs 17.12, compared to Rs 28.16 in the previous year. Business Highlights Segment Performance: Forgings: This segment recorded a revenue of Rs 1,39,285.82 million in FY26, growing by 7.46% YoY compared to Rs 1,29,612.33 million in FY25. Defence: Revenue from the Defence segment stood at Rs 17,571.72 million for FY26, as against Rs 17,719.86 million in FY25. Others: This segment saw a substantial growth of 127.92% YoY, with revenue reaching Rs 21,698.12 million in FY26 compared to Rs 9,519.96 million in FY25. Dividend: The Board of Directors recommended a final dividend of Rs 6.50 per equity share of face value Rs 2 each (325%) for FY26. Total dividend for the year, including two interim dividends of Rs 3 each, amounts to Rs 235 (2350%) per share of Rs 10 each. Exceptional Items: Standalone results for FY26 were impacted by an exceptional loss of Rs 5,495.85 million, primarily due to an impairment provision of Rs 4,996.50 million regarding the investment in subsidiary Kalyani Powertrain Limited (KPTL). KPTL is engaged in the electric mobility business, which has faced a weak business scenario globally. Strategic Restructuring: The company evaluated a proposal for the phased restructuring of its German subsidiary, Bharat Forge CDP GmbH (BF CDP), due to market challenges and cost disadvantages, recording incidental restructuring expenses of Rs 425.64 million in standalone results. Acquisition: The company acquired AAM India Manufacturing Corporation Private Limited (subsequently renamed K Drive Mobility Solutions Private Limited) on July 1, 2025, for a consideration of Rs 7,474.16 million. Labour Code Impact: The Group evaluated the impact of the new Labour Codes and accounted for an increase in gratuity and leave liability aggregating to Rs 487.26 million in standalone results and Rs 557.15 million in consolidated results for FY26. Result PDF