!Bharat Forge Shares Slide 9% After Q1 Loss of ₹90 Crore; Revenue Jumps 19%

Synopsis $BHARATFORG shares fell nearly 9% after the company posted a consolidated net loss of ₹89.89 crore in Q1 FY27, compared with a ₹284 crore profit in the year-ago quarter. The weak bottom line was largely impacted by one-time restructuring and voluntary retirement scheme (VRS) expenses of ₹358 crore. Despite the loss, revenue increased 19% year-on-year, while the company’s defence business revenue surged 87%. However, margins remained under pressure during the quarter. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.