Archive · 10 Aug 2026
Bharat Forge Posts Q1 Loss on ₹358 Crore Exceptional Item
Bharat Forge is a big company that told everyone how it did over the last three months.
During this time, it had to pay for some one-time things that cost a lot of money.
These one-time costs added up to ₹358 crore.
Because of these big costs, the whole company ended up losing money, even though it sold more things than before.
Overall, the company lost ₹90 crore, while last year it made a profit of ₹284 crore.
The company's sales actually grew by almost 19 percent.
One part of the business, called standalone, still made a profit of ₹321.3 crore, just a little less than last year.
The company's leaders also decided they want to raise up to ₹2,500 crore to help the business.
After the news, people who own shares in the company saw the share price drop a little.
Still, the company's shares are worth much more now than they were at the start of the year.
Bharat Forge reported a consolidated net loss of ₹90 crore for the June quarter, compared with a net profit of ₹284 crore in the same period last year.
A one-time exceptional loss of ₹358 crore from multiple one-offs dragged the company into a consolidated net loss.
Consolidated revenue grew 18.7% year-on-year to ₹4,640 crore, exceeding the CNBC-TV18 poll estimate of ₹4,591 crore.
Standalone net profit fell 5% to ₹321.3 crore, below the CNBC-TV18 poll projection of ₹369 crore.
The board approved a plan to raise up to ₹2,500 crore via equity and debt instruments; shares fell 3.7% to ₹2,181 after the results.
- Who
- Bharat Forge Ltd. and its board of directors, which approved the fund raise and announced the results.
- What
- Bharat Forge announced June quarter results, including a consolidated net loss of ₹90 crore driven by a ₹358 crore one-time exceptional loss despite 18.7% revenue growth.
- When
- August 10, for the quarter ended June.
- Where
- Not specified in the provided article.
- Why
- Multiple one-offs resulted in a one-time exceptional loss of ₹358 crore, dragging the company into a consolidated net loss.
- Consolidated Net Loss
- ₹90 crore (vs ₹284 crore net profit a year ago)
- One-Time Exceptional Loss
- ₹358 crore
- Consolidated Revenue
- ₹4,640 crore, up 18.7% year-on-year
- Consolidated EBITDA Margin
- 15.29%, down 170 basis points year-on-year
- Standalone Net Profit
- ₹321.3 crore, down 5% year-on-year
- Fund Raise Approved
- Up to ₹2,500 crore via equity and debt instruments
- Share Price Reaction
- Down 3.7% to ₹2,181; stock up 50% so far this year
- Results Date
- August 10