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HomeMarket NewsBharat Forge Q4 Results: Revenue falls 7% from last year, margin sees 20 bps expansion
Updates on overseas subsidiaries and impact of US auto tariffs, along with a falling trend in Class 8 truck orders in North America will also be some of the key factors to watch out for during Bharat Forge's results.
Shares of Bharat Forge Ltd. are trading near the lowest point of the day on Thursday, May 8, as the auto-to-defence equipment manufacturer is set to report its March quarter results.
A CNBC-TV18 poll is expecting Bharat Forge's revenue is likely to decline by 4% from the same quarter last year, while its net profit is also likely to decline by a similar quantum.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter may decline by 2%, but margins may see a 70 basis points expansion year-on-year, according to the CNBC-TV18 poll.
Bharat Forge's defence business may end turn out to be a drag on its domestic revenue, while the Passenger Vehicle segment can partly offset the weakness in the Commercial Vehicle business.
These are also some of the key factors to watch out for during Bharat Forge's results announcement:
Demand outlook
New order wins in the defence segment
5% fall in shipments may drag revenue lower
Consolidated margins though may improve from last year due to a lower base
Updates on overseas subsidiaries and impact of US auto tariffs
Falling trend in Class 8 truck orders
Shares of Bharat Forge are trading 0.9% lower at ₹1,131. The stock has risen 17% over the last one month ahead of the results announcement.
First Published:
May 8, 2025 11:24 AM
IST
