Balu Forge posts 67% profit jump, expands capacity

Balu Forge Industries reported Q1 FY26 revenue of ₹2,332m, up 33% year-over-year, with profit surging 66.9% to ₹570m. EBITDA jumped 67.3% to ₹723m, with margins expanding 635 basis points to 31.0%.

The company is expanding forging capacity to 150,000 MTPA and machining capacity to 80,000 MTPA through its 46-acre Belagavi greenfield facility and recent acquisitions including a 25T Hydraulic Hammer forging line.