Bharat Forge slips after recording loss of Rs 89 crore for Q1 FY27
Mumbai, Aug. 11 -- Revenue for the period under review was Rs 4,639.94 crore, up 18.7% YoY. On the segmental front, revenue from Forgings vertical was Rs 3,831.14 crore (up 7.7% YoY) while that from the Defence business was Rs 495.68 crore (up 87.5% YoY). Revenue reported under the 'Others' segment was Rs 627.86 crore (up 125% YoY).
Total operating expenditure increased by 32.7% to Rs 4,299.75 crore in Q1 FY27 over Q1 FY26, primarily due to higher raw material costs (up 22.5% YoY), higher employee expenses (up 15.5% YoY) and higher other expenses (up 59.1% YoY).
Bharat Forge has recorded an exceptional charge of Rs 358 crore in the June'26 quarter.
The company said that one of its German subsidiary companies, Bharat Forge CDP GmbH (BF ...
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