Bharat Forge approves ₹2,905 crore investment in KSSL and reports Q2 FY27 results

Bharat Forge Limited announced the outcome of its Board Meeting held on November 5, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. A significant decision was the approval of a further investment not exceeding ₹2,905.08 million in its wholly-owned subsidiary, Kalyani Strategic Systems Limited (KSSL).

Financial Results for Q2 FY27

Bharat Forge Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The Board of Directors, in a meeting held on November 5, 2026, discussed and approved these results, along with the ‘Limited Review Report’ issued by BSR & Co. LLP. For the standalone entity, the revenue from operations for the quarter was ₹25,263.57 million, and the profit after tax was ₹3,708.25 million. Consolidated revenue from operations stood at ₹48,699.66 million, with a profit after tax of ₹2,786.81 million.

Strategic Investment in KSSL

In a significant strategic move, the Board also approved a further investment of up to ₹2,905.08 million in Kalyani Strategic Systems Limited (KSSL). KSSL is a wholly-owned subsidiary of Bharat Forge and operates in the Defense Industry. The investment will be made in one or more tranches and is intended to support KSSL’s business, particularly towards funding capital expenditure and investment in product and technology development. The proposed investment is considered a related party transaction and will be conducted on an arm’s length basis.

Operational Highlights

The Board Meeting commenced at 11:30 A.M. IST and concluded at 12:40 P.M. IST. The financial disclosures also provide key ratios such as Operating Margin, Net Profit Margin, Interest Service Coverage Ratio, and Debt Equity Ratio, indicating a stable operational performance.

Source: BSE

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