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Bharat Forge hosted a conference call on Aug 6, 2025. In the conference call the company was represented by, Mr. Amit B Kalyani- Vice Chairman & Joint Managing Director, Mr. Subodh Tandale- Executive Director and Mr. Kedar Dixit- Sr. VP & CFO.

Key takeaways of the call

During the quarter, the company faced challenging market conditions in its export markets due to tariffs, the rollback of emission norm changes for heavy trucks in the U.S., and seasonality in the aerospace business.

In Q1 FY26, CV exports to Europe saw some revival post the lows seen last year while North American CV revenues saw a decline. Passenger Car exports had a benign performance driven partly by diversification efforts beyond North America. Industrial segment saw weak performance driven by slower growth in HHP Engines, and construction Mining.

Given the recent tariff anno...

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