JKB Financial Services Ltd.

As on : 31-Dec-2025

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31-Dec-2025 10:06

Bharat Forge signs Rs 1,662 crore small arms contract with Defence Ministry

The order is scheduled to be executed over a period of five years. The 5.56 x 45 mm CQB Carbine is an indigenously designed, developed, and manufactured (IDDM) compact weapon, jointly developed by the Armament Research & Development Establishment (ARDE), Defence Research and Development Organisation (DRDO), and Bharat Forge.

Bharat Forge manufactures an extensive array of critical and safety components for several sectors, including automobiles (across commercial & passenger vehicles), oil & gas, aerospace, locomotives, marine, energy (across renewable and non-renewable sources), construction, mining, and general engineering.

The company's consolidated net profit rallied 23% to Rs 299.27 crore in Q2 FY26 as against Rs 243.29 crore posted in Q2 FY25. Revenue from operations soared 9.31% YoY to Rs 4,031.92 crore in the quarter ended 30 September 2025.

Shares of Bharat Forge rose 0.94% to Rs 1,468.55 on the BSE.

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