BHARATFORG Bharat Forge Q2 FY27 results (Jul–Sep 2026) and concall
Bharat Forge delivered a robust top-line performance in Q2 FY27, driven by all-round improvement in automotive exports, record commercial vehicle business, and steady contributions from recent acquisitions JS Auto Cast and K-Drive. While standalone operations posted strong 30% revenue growth and 25.9% EBITDA margins, consolidated profitability was held back by subdued margins in Europe (3.1%) and an operating loss in the US (-₹6.7 crores EBITDA). Growth momentum is set to accelerate in H2 FY27 and FY28, underpinned by the receipt of bulk production clearance for the 184-gun ATAGS order, a ₹10,
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What they filed
Q2 FY27: revenue up 20.8%, net profit down 6.7% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,476 | 3,853 | 3,909 | 4,032 | 4,343 +25% | 4,528 +18% | 4,640 +19% | 4,870 +21% |
| EBITDA | 623 | 679 | 670 | 724 | 746 +20% | 777 +14% | 698 +4% | 762 +5% |
| Net profit | 213 | 283 | 284 | 299 | 273 +28% | 233 −18% | -90 −132% | 279 −7% |
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.
