Board Meeting5 Nov 2026, 01:17 pm
Bharat Forge Approves Q2 FY27 Unaudited Results, Invests ₹2,905 Cr in Subsidiary
AI Summary
Bharat Forge Limited's Board of Directors, in a meeting held on November 5, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The company also approved a further investment not exceeding ₹2,905.08 million (₹290.51 Crore) in its wholly-owned subsidiary, Kalyani Strategic Systems Limited (KSSL), at fair value. The financial results showed consolidated revenue from operations of ₹48,737.73 million for the half-year ended September 30, 2026, with a profit before tax of ₹9,345.36 million. The investment in KSSL is intended to support its growth and strategic objectives.
Key Highlights
- Board approved Q2 FY27 unaudited financial results.
- Further investment of up to ₹2,905.08 million in KSSL approved.
- Consolidated revenue from operations for H1 FY27 reported.
- Profit before tax for H1 FY27 stands at ₹9,345.36 million.
- Investment to be made in one or more tranches at fair value.
Price Impact
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