Bharat Forge on Thursday reported a net profit of Rs 273 crore for the quarter ended December 31, marking a fall of 28.2 per cent on a year-on-year basis. The net profit also fell short of analyst expectations.
According to Zee Business research, the forging company was estimated to register a net profit of Rs 314 crore for the third quarter of FY26.
The company’s December-quarter revenue stood at Rs 4,323 crore, meeting forecasts.
According to the research, Bharat Forge was expected to log a top line of Rs 4,020 crore.
Bharat Forge Q3 FY26 Earnings | Operational performance
Bharat Forge’s margin — a key measure of profitability — came in at 17.27 per cent for Q3, versus 18 per cent for the year-ago period.
Bharat Forge shares
The stock leaped into the green after the earnnigs announcement, rising as much as 4.4 per cent to Rs 1,750 apiece on BSE.
At 1:50 pm, Bharat Forge shares were up 2.8 per cent at Rs 1,723 apiece.
Doonited Affiliated: Syndicate News Hunt
This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited
