Outcome of Board Meeting

B H A R A T F O R G E August 10, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street, Fort, Bandra Kurla Complex, Bandra (East) Mumbai 400 001, Maharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 500493 Symbol: BHARATFORG Sub. : Outcome of the Board Meeting held on August 10, 2026 Ref. : Regulation 30 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, This is to inform you that the Board of Directors of the Company, in its Meeting held on Monday, August 10, 2026, have discussed and approved the following: 1. Statement of Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026, along with the ‘Limited Review Report’ issued by BSR & Co. LLP, Statutory Auditors of the Company, a copy of which is enclosed herewith as Annexure 2. Raising of funds by way of issue of equity shares, debt issue, or any other securities convertible into equity shares or a combination of such securities by way of further public offer, rights issue, American Depository Receipts/Global Depository Receipts/Foreign Currency Convertible Bonds, qualified institutions placement, preferential issue or any other method as may be permitted by applicable laws, subject to approval of shareholders of the Company and such regulatory/statutory approvals as may be required. The Company’s ‘Investment Committee – Strategic Business’ has been delegated the powers to decide the structure, form of issuance, price, timing, terms and conditions thereof and all other matters related or incidental thereto. Requisite details are enclosed herewith as Annexure 2. 3. Incorporation of a subsidiary (direct/indirect) in Malaysia, for undertaking activities in the field of semi-conductor and allied areas, subject to completion of necessary approvals and formalities as maybe applicable. Further details in this regard, as and when finalized, will be intimated to the Exchanges. The Board Meeting commenced at 11:30 A.M. IST and concluded at 1.45 P.M. IST. The details under Regulation 30 of the Listing Regulations read along with SEBI Master Circular no. SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30 January 2026 and such other circulars as applicable, are given as per annexures. KALYAN I CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com B H A R A T F O R G E Please take note of the same. Thanking you, Yours faithfully, For Bharat Forge Limited Tejaswini Chaudhari Company Secretary & Compliance Officer Membership No.: A18907 Encl.: As above KALYAN I CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com Annexure 1 ,:. BHARAT FORGE LIMITED Regd. Office : Mundhwa, Pune Cantonment, Pune 411 036, ~ Maharashtra, India. CIN:L25209PN1961PLC012046 KA.LY AN I Ph. No. : 91-20-6704 2777 / 2476, Fax No. : 91-20-2682 2163 YEARS BHGFA £XqAl.l.A..E.~TCE Fl"'NOi:>'.R'. ... TCrO,-iE Email : secretarial@bharatforge.com; Website : www.bharatforge.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (" in Million) Quarter ended Year ended June 30, March 31, June 30, March 31, Sr. No. Particulars 2026 2026 2025 2026 (Unaudited) (Audited) (Unaudited) (Audited) (See note 7) 1 Income a) Revenue from operations 23,474.16 22,604.49 21,047.07 '83,956.78 b) Other income 342.54 284.84 421.93 1,444.57 Total income (a+b) 23,816.70 22,889.33 21,469.00 85,401.35 2 Expenses a) Cost of raw materials and components consumed 9,564.53 9,674.81 9,105.44 34,933.31 b) Changes in inventories of finished goods, work-in-progress, dies and scrap (376.79) (512.83) (949.12) (2,476.82) c) Employee benefits expense 1,858.93 1,682.59 1,696.40 6,760.05 d) Finance costs 431.92 402.12 522.36 1,821.74 e) Depreciation and amortisation expenses 1,150.02 1,124.08 1,124.55 4,480.49 f) Other expenses 6,570.54 5,586.61 5,476.62 21,674.48 Total expenses (a to f) 19,199.15 17,957.38 16,976.25 67,193.25 3 Profit before exceptional items and tax (1-2) 4,617.55 4,931.95 4,492.75 18,208.10 4 Exceptional items (loss) (see note 3 & 4) (244.91) (4,929.64) (5,495.85) 5 Profit before tax (3+4) 4,372.64 2.31 4,492.75 12,712.25 6 Income tax expense a) Current tax 1,210.00 1,145.98 1,151.30 4,728.08 b) Deferred tax (credit)/charge (51.35) 33.90 (43.76) (203.24) Income tax expense 1,158.65 1,179.88 1,107.54 4,524.84 7 Profit/(loss) for the period/year (5-6) 3,213.99 (1,~77.57) 3,385.21 8,187.41 8 Other comprehensive income a) Other comprehensive income/(loss) not to be reclassified to profit and loss in subsequent periods (70.12) (186.49) (14.95) (264.15) -Income tax effect 17.02 9.41 3.57 24.80 b) Other comprehensive income/(loss) to be reclassified to profit and loss in subsequent periods 1,111.00 (1,648.53) (1,547.12) (5,189.88) -Income tax effect (279.62) 414.90 389.38 1,306.19 Other comprehensive income/(loss) (net of tax) 778.28 (1,410.71) (1,169.12) (4,123.04) 9 Total comprehensive income/(loss) for the period/year (7+8) 3,992.27 (2,588.28) 2,216.09 4,064.37 10 Earnings/(loss) per equity share -Basic and diluted (in") (not annualised) 6.72 (2.47) 7.08 17.12 11 Equity share capital (Face value" 2/-each) 956.27 956.27 956.27 956.27 12 Other equity 108,926.08 BHARAT FORGE LIMITED ~ Regd. Office : Mundhwa, Pune Cantonment, Pune 411 036, ~ Maharashtra, India. CIN:L25209PN1961PLC012046 KALVAN I Ph. No. : 91-20-6704 2777 / 2476, Fax No. : 91-20-2682 2163 YI:.-\ RS -c;r c~cr~ ...9 .Cf ,;. . ,.,... .. .,., ~ .. Email : secretarial@bharatforge.com; Website : www.bharatforge.com BHARAT FOAC.E STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (~ in Million) Quarter ended Vear ended June 30, March 31, June 30, March 31, Sr. Particulars 2026 2026 2025 2026 No. (Unaudited) (Audited) (Unaudited) (Audited) (See note 7) 1 Income a) Revenue from operations 46,399.41 45,280.43 39,087.49 168,116.53 b) Other income 572.45 529.68 497.23 1,986.83 Total income (a + b) 46,971.86 45,810.11 39,584.72 170,103.36 2 Expenses a) Cost of raw materials and components consumed 21,029.91 22,718.08 17,169.61 77,779.31 bl Purchase of stock in trade 113.48 230.19 145.00 788.71 c) Changes in inventories of finished goods, work-in-progress, stock in trade, dies and scrap (457.96) (1,430.74) (352.87) (2,672.21) d) Employee benefits expense 5,935.30 5,346.15 5,136.73 21,034.18 e) Finance costs 897.10 844.01 822.22 3,233.46 f) Depreciation and amortisation expenses 2,632.83 2,550.94 2,260.98 9,709.24 g) Other expenses 12,684.09 10.634.63 10,259.98 41,919.81 Total expenses (a to g) 42,834.75 40,893.26 35,441.65 151,792.50 3 Profit before share of profit/ (loss) of associates, joint ventures, exceptional items and tax (1-2) 4,137.11 4,916.85 4,143.07 18,310.86 4 Share of profit/ (loss) of associates and joint ventures (110.27) 4.13 (32.70) (76.50) Income tax expense 2.35 12.35 0.48 18.21 Share of profit/ (loss) of associates and joint ventures, net of tax (112.62) (8.22) (33.18) (94.71) 5 Profit before exceptional items and tax (3+4) 4,024.49 4,908.63 4,109.89 18,216.15 6 Exceptional items (loss) (see note 3 & 4) (3,580.05) (987.28) (1,544.43) 7 Profit before tax (5+6) 444.44 3,921.35 4,109.89 16,671.72 8 Income tax expense a) Current tax 1,479.53 1,366.00 1,340.63 5,606.07 b) Deferred tax (creditl/charge (136.21) 220.87 (69.44) 171.67 Income tax expense (a+ b) 1,343.32 1,586.87 1,271.19 5,777.74 9 Profit/ (loss) for the period/year (7-8) (898.88) 2,334.48 2,838.70 10,893.98 10 Other comprehensive income a) Other comprehensive income/(loss) [Showing first 8,000 characters — download PDF for full document]