!Bharat Forge Shares Crash 9% After ₹90 Crore Q1 Loss; Revenue Grows 19%

Synopsis

shares dropped nearly 9% after the company reported a consolidated net loss of ₹89.89 crore in Q1 FY27, compared with a net profit of ₹284 crore in the corresponding quarter last year. The sharp deterioration in profitability was primarily due to exceptional expenses of ₹358 crore, including restructuring charges and costs related to the voluntary retirement scheme (VRS). Despite the impact on earnings, the company delivered 19% year-on-year growth in revenue during the quarter. Its defence segment remained a key growth driver, with revenue jumping 87%, although profitability was affected by weaker margins. The results triggered a sharp reaction in the stock, with investors focusing on the significant one-off charges and pressure on operating margins despite strong revenue growth. Overall, the quarter reflected robust top-line momentum but subdued profitability, with exceptional costs weighing heavily on the bottom line. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.