Bharat Forge Limited has informed the Exchange regarding Change in Director(s) of the company.
BHARATFORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharat Forge's Board met on February 12, 2026 and approved Q3 FY26 (Oct–Dec 2025) unaudited results. Standalone revenue from operations was largely flat YoY at Rs. 20,836.6 million, but standalone profit fell to Rs. 2,880.4 million from Rs. 3,460.4 million YoY, partly hit by a Rs. 487.3 million exceptional loss from new Labour Codes. On a consolidated basis, revenue jumped about 25% YoY to Rs. 43,429.3 million and profit rose to Rs. 2,728 million from Rs. 2,127.8 million, driven by strong growth in the Defence segment (revenue nearly doubled to Rs. 6,820 million). The Board declared an interim dividend of Rs. 2 per share (100% of face value) with a record date of February 18, 2026. It also approved the re-appointment of B.P. Kalyani and S.E. Tandale as Executive Directors for another 5 years, noted the exit of Sumeet Banga (President & CEO – Industrial business) as Senior Management Personnel, and cleared the merger of step-down subsidiary Ferrovia Transrail Solutions with BF Infrastructure Limited.
Shareholders get an interim dividend of Rs. 2 per share, with mixed operating performance: weak standalone numbers but strong consolidated growth, especially in Defence. The exit of the Industrial business CEO and internal restructuring may signal portfolio rebalancing, which investors should watch closely.