Bharat Forge Q3: Revenue Beats Estimates, Kalyani Declares 'Worst is Behind Us'

• Bharat Forge reported a mixed yet resilient performance for Q3, with consolidated revenue and operating profit surpassing estimates.
• Consolidated net profit rose 28% year-on-year to ₹272.8 crore, while revenue increased 25% to ₹4,343 crore, beating poll estimates.
• EBITDA grew 20.3% to ₹750.3 crore, higher than estimates, though EBITDA margin narrowed to 17.3%.
• Chairman Baba Kalyani stated, "the worst is behind us," anticipating strong domestic and export markets.
• The company expects high double-digit topline growth and improved profitability, with ATAGS execution starting H2 FY27.