Bharat Forge has released its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹6.50 per equity share (at a rate of 325%) for the financial year. Additionally, the company announced the re-appointment of Mr. Ashish Bharat Ram as a Non-Executive Non-Independent Director for a five-year term, with the 65th Annual General Meeting scheduled for August 11, 2026.
Financial Performance Overview
For the financial year ended March 31, 2026, Bharat Forge reported a consolidated annual revenue of ₹168,116.53 million, reflecting robust operational activity. The standalone annual revenue stood at ₹83,956.78 million. Profitability was impacted by several exceptional items, including impairment provisions for electric mobility-related investments and restructuring costs in international subsidiaries, resulting in a standalone net profit of ₹8,187.41 million for the year.
Dividend and Shareholder Returns
The Board of Directors has recommended a final dividend of ₹6.50 per equity share, having a face value of ₹2 each. This represents a payout of 325% for the 2025-26 financial year. Subject to approval by the members at the upcoming Annual General Meeting, the dividend is expected to be paid on or after Friday, August 14, 2026.
Strategic Leadership Update
The company has approved the re-appointment of Mr. Ashish Bharat Ram to the Board of Directors. His new term as a Non-Executive Non-Independent Director is set for five consecutive years, effective from September 1, 2026, through August 31, 2031. Mr. Bharat Ram brings extensive experience from his leadership at SRF Limited, further strengthening the company’s governance and strategic oversight capabilities.
Corporate Calendar
Shareholders should mark their calendars for the 65th Annual General Meeting, which is scheduled to take place on Tuesday, August 11, 2026. This meeting will be the venue for seeking member approval for the proposed final dividend and the re-appointment of the Director.
Source: BSE
