Bharat Forge Limited has informed the Exchange about change in Management
BHARATFORG · price
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Bharat Forge's board met on May 8, 2025 and approved audited financial results for Q4 and FY25 along with several other items. On a standalone basis, FY25 revenue fell marginally to Rs 88,437 million (from Rs 89,686 million) and profit after tax declined to Rs 13,222 million (from Rs 14,250 million), with EPS of Rs 28.16. On a consolidated basis, revenue slipped to Rs 151,228 million while profit after tax rose slightly to Rs 9,133 million (from Rs 9,102 million). The board recommended a final dividend of Rs 6 per share (300% on face value of Rs 2), subject to shareholder approval at the August 7, 2025 AGM. Two independent directors, Mr. K.B.S. Anand and Ms. Sonia Singh, were re-appointed for a second five-year term from June 27, 2025, and a new secretarial auditor, M/s SVD and Associates, was appointed for five years.
Despite a slight dip in standalone earnings, the strong 300% dividend signals continued shareholder returns, and the consolidated PAT growth offers some comfort. The re-appointment of independent directors and new secretarial auditor reflect board continuity rather than any management change, contrary to the headline — investors should not read this as a leadership shake-up.