Balu Forge Industries Ltd , engaged in manufacturing fully finished and semi-finished forged crankshafts and components compliant with New Emission Regulations and New Energy Vehicles standards, reported robust financial results for Q2FY26.
Financial Highlights:
- Revenues rose 34.53% year-on-year to ₹300 crore from ₹223 crore.
- Total expenses increased 37.65% to ₹223 crore from ₹162 crore.
- Consolidated net profit surged 35.42% to ₹65 crore from ₹48 crore.
- Earnings per share improved 30.07% to ₹5.71 from ₹4.39.
The profit growth was supported by strong revenue growth and increased operational scale, despite a higher rise in expenses.
Outlook:
Balu Forge Industries Ltd aims to capitalize on growing demand for emission-compliant and new energy vehicle components, enhance production capabilities, and pursue new market opportunities to sustain momentum.
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