Bharat Seats Q1 FY27 Profit ₹13.21 Cr; Approves ₹49.33 Cr Capex
Bharat Seats Ltd. reported unaudited financial results for the quarter ended June 30, 2026, with a profit of ₹1,321.28 lakhs. The Board approved an additional capital expenditure of approximately ₹49.33 Crore for new programs of Maruti Suzuki India Limited at its Kharkhoda and Navyani plants. The Board also recommended enhancing borrowing limits from ₹200 Crores to ₹400 Crores, subject to shareholder approval via postal ballot. Key management changes included the appointment of Mr. Vipin Garg as an Additional Director (Maruti Suzuki nominee) and the designation of Mr. Shailesh Tripathi as Senior Management Personnel. The re-appointment of Mr. Arvind Kapur as an Independent Director was also recommended.
Key Highlights
- Q1 FY27 net profit stood at ₹1,321.28 lakhs.
- Approved ₹49.33 Cr capex for new Maruti Suzuki programs.
- Recommended increasing borrowing limits from ₹200 Cr to ₹400 Cr.
- Appointed Mr. Vipin Garg as Additional Director (Maruti Suzuki nominee).
- Approved postal ballot for director appointments and borrowing limits.
Price Impact
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