Bharat Forge Q3 Results: Net profit at Rs 273 crore, misses estimates; margin shrinks

Bharat Forge has reported a weaker-than-expected net profit for the December quarter.
Bharat Forge Q3 Results: Net profit at Rs 273 crore, misses estimates; margin shrinks
Bharat Forge's margin contracted by 73 basis points (bps) on a year-on-year basis.

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.

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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.