The order marks Bharat Forge's entry into the marine gas turbine segment and will lead to the deployment of the first indigenously developed gas turbine-based power plant on Indian Naval ships.
Pune-based Bharat Forge is a technology-driven global leader in providing high-performance, innovative safety-critical components and solutions for several sectors, including automotive, power, oil and gas, construction & mining, rail, marine, defense, and aerospace. The company has a global manufacturing footprint with a presence across five countries.
The company reported a consolidated net profit of Rs 233.45 crore in Q4 FY26, down 17.4% from Rs 282.62 crore in Q4 FY25. Revenue from operations jumped 17.53% YoY to Rs 4,528.04 crore in Q4 March 2026.
Shares of Bharat Forge rose 0.17% to Rs 2,048.40 on the BSE.
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