Bharat Forge reports lower GHG emissions in FY26 BRSR

2 min read     Updated on 17 Jul 2026, 12:10 PM
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Suketu GScanX News Team
AI Summary

Bharat Forge filed its Business Responsibility and Sustainability Report for FY 2025-26, disclosing a reduction in total Scope 1 and Scope 2 greenhouse gas emissions to 2,53,313 tCO2e from 2,59,718 tCO2e in the previous year. The company increased its renewable energy consumption to 38.02% of total electricity consumed and reported a 20.81% rise in recycled water usage. KPMG Assurance and Consulting Services LLP provided reasonable assurance for the report.

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Bharat Forge filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing a reduction in greenhouse gas emissions and an increase in the use of renewable energy. The company reported that its total Scope 1 and Scope 2 emissions decreased to 2,53,313 tCO2e in FY 2025-26 from 2,59,718 tCO2e in the previous year. The report, which forms part of the Integrated Annual Report, was submitted to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company reported that renewable energy constituted 38.02% of its total electricity consumption during the year, up from 37.16% in FY 2024-25. Additionally, the proportion of recycled water used increased to 49.34% from 41% in the prior year. Specific water consumption improved to 3.63 KL per metric tonne of production from 3.81 KL per metric tonne. The company achieved these figures through initiatives such as solar and wind electricity consumption, which exceeded 115 million kWh and 32 million kWh respectively.

Operational and Financial Metrics

company name disclosed that its paid-up capital stood at ₹ 956.27 million. The company’s operations are primarily focused on manufacturing, with Metal & Metal Products accounting for 96.43% of its turnover. Exports contributed 47.78% to the total turnover. The report noted that the company operates five plants and eight offices nationally, serving 23 states and union territories in India and 35 countries internationally.

Employee and Safety Data

The company reported a total workforce of 10,623, comprising 2,849 employees and 7,774 workers. Women represented 3.62% of the total employee count and 1.32% of the total worker count. The Lost Time Injury Frequency Rate (LTIFR) for workers increased to 0.77 in FY 2025-26 from 0.66 in the previous year, while the LTIFR for employees was 0.14 compared to 0 in the prior year. The company recorded zero fatalities for both categories.

Environmental Performance

Bharat Forge reported a total waste generation of 98,784.53 metric tonnes, a decrease from 1,07,049.80 metric tonnes in the previous year. The company recycled 98,060.84 metric tonnes of waste. Total energy consumption stood at 27,69,853 GJ, with energy intensity recorded at 32.99 GJ per ₹ million of turnover. The company maintained a Zero Liquid Discharge (ZLD) mechanism across its facilities.

Metric FY 2025-26 FY 2024-25
Total Scope 1 & 2 Emissions (tCO2e) 2,53,313 2,59,718
Renewable Energy of Total Electricity Consumed (%) 38.02 37.16
Recycled Water (%) 49.34 41.00
Specific Water Consumption (KL/MT Production) 3.63 3.81
Total Waste Generated (Metric Tonnes) 98,784.53 1,07,049.80

Assurance and Governance

The BRSR received reasonable assurance from KPMG Assurance and Consulting Services LLP. The assessment confirmed that the sustainability disclosures were prepared in accordance with SEBI LODR regulations and the Greenhouse Gas Protocol. The company’s ESG Committee, chaired by the Vice Chairman and Joint Managing Director, oversees the implementation of sustainability initiatives. The report also highlighted that the company has identified material risks such as organisation structure alignment, innovation, and regulatory compliance, with mitigation strategies in place.

Historical Stock Returns for Bharat Forge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%+3.94%+3.77%+52.50%+81.22%+172.48%

What are Bharat Forge's specific targets for increasing renewable energy usage beyond the current 38% over the next five years?

How will the recent increase in Lost Time Injury Frequency Rate (LTIFR) impact the company's operational safety protocols moving forward?

What capital expenditures are planned to further reduce Scope 1 and Scope 2 emissions in the upcoming fiscal years?

North America Class 8 Truck Orders Surge 231% YoY to 31.4K Units in June

1 min read     Updated on 06 Jul 2026, 10:04 AM
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Jubin VScanX News Team
AI Summary

North America Class 8 truck orders for June reached 31.4K units, marking a 231% year-over-year increase. This significant rise in heavy-duty truck orders reflects a strong recovery in North American commercial vehicle demand. The Class 8 segment is a key market indicator for Bharat Forge, given its exposure to North American commercial vehicle components. The surge in order volumes points to improved fleet activity and freight demand in the region.

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North America's Class 8 truck segment recorded a sharp uptick in order activity during June, with total orders rising to 31.4K units — a 231% increase year over year. This surge in demand for heavy-duty trucks is a closely watched indicator for suppliers and manufacturers with exposure to the North American commercial vehicle market, including bharat forge .

June Order Performance at a Glance

The following table summarizes the key order metrics for Class 8 trucks in North America for June:

Metric: Details
Region: North America
Vehicle Segment: Class 8 Trucks
June Orders: 31.4K Units
Year-over-Year Change: +231%

Significance for the Heavy Commercial Vehicle Segment

Class 8 trucks represent the heaviest category of commercial vehicles and are a critical barometer of freight and logistics activity in North America. A 231% year-over-year increase in June orders signals a substantial recovery in demand compared to the corresponding period in the prior year. Order volumes of this magnitude are typically reflective of improving fleet replacement cycles and strengthening freight sentiment in the region.

Bharat Forge has a significant presence in the North American commercial vehicle components market, making order trends in the Class 8 segment a relevant demand indicator for the company's international business performance.

Historical Stock Returns for Bharat Forge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%+3.94%+3.77%+52.50%+81.22%+172.48%

Will the surge in Class 8 truck orders sustain into the second half of the year given potential economic headwinds?

How might rising raw material costs impact profit margins for suppliers like Bharat Forge despite increased demand?

What role could government infrastructure spending play in sustaining long-term demand for heavy-duty trucks?

More News on Bharat Forge

1 Year Returns:+81.22%