Bharat Forge Q4 Results: Revenue falls 7% from last year, margin sees 20 bps expansion
Published on 08/05/2025 02:18 PM
Bharat Forge Q4 Results: Revenue falls 7% from last year, margin sees 20 bps expansionBharat Forge's EBITDA margins for the quarter saw a 20 basis points expansion from last year to 28.5%, which was lower than the CNBC-TV18 estimate of 29%.By Sudarshan Kumar | Hormaz Fatakia May 8, 2025, 2:18:02 PM IST (Updated)2 Min ReadShares of Bharat Forge Ltd, the auto-to-defence equipment manufacturer, reported its results for the January-March quarter on Thursday, May 8.
Revenue for the company declined by 7% from the same quarter last year to ₹2,163 crore. A CNBC-TV18 poll was expecting a 4% revenue drop to ₹2,238 crore.
Net profit, which was also supposed to decline 4% from last year to ₹383 crore, declined more than expected. A 11.2% drop in the company's bottomline took the figure down to ₹345 crore.
Bharat Forge's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 6.5% from the same quarter a year earlier to ₹616.5 crore, while a CNBC-TV18 poll was working with a ₹659 crore figure.
EBITDA margins for the quarter saw a 20 basis points expansion from last year to 28.5%, which was lower than the CNBC-TV18 estimate of 29%.
While we await Bharat Forge's investor presentation, the defence business may end turn out to be a drag on its domestic revenue, while the Passenger Vehicle segment can partly offset the weakness in the Commercial Vehicle business.
Here are some key factors to watch in the company's investor presentation:
Demand outlook
New order wins in the defence segment
Updates on overseas subsidiaries and impact of US auto tariffs
Falling trend in Class 8 truck orders
The company's board has also approved a dividend of ₹6 per share for its shareholders.
Shares of Bharat Forge are trading 2.2% lower after the results announcement at ₹1,115. The stock had risen 17% over the last one month ahead of the results announcement.Continue ReadingFirst Published: May 8, 2025 11:24 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBharat Forgeearningsshare market today