BHARATFORG Bharat Forge Q2 FY26 results (Jul–Sep 2025) and concall
Bharat Forge reported a mixed Q2 FY26, with consolidated revenues of ₹4,032 crores and an EBITDA margin of 17.7%. While standalone performance was impacted by a significant slowdown in North American CV exports and inventory destocking, the company saw strong growth in aerospace and JS Autocast. New business wins, particularly in defense, and a robust cash position of ₹2,300 crores underpin future growth, despite ongoing uncertainties in the North American market and challenges in overseas steel and Indian EV segments.
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What they filed
Q2 FY26: revenue up 9.3%, net profit up 23.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 3,689 | 3,476 | 3,853 | 3,909 | 4,032 +9% |
| EBITDA | 647 | 623 | 679 | 670 | 724 +12% |
| Net profit | 243 | 213 | 283 | 284 | 299 +23% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
