News Earnings Bharat Gears Limited Reports Strong Q3FY26 Performance with Profit of ₹256.84 LakhsBharat Gears Limited Reports Strong Q3FY26 Performance with Profit of ₹256.84 Lakhs
Bharat Gears Limited reported strong Q3FY26 results with a net profit of ₹256.84 lakhs, reversing from a loss of ₹1029.49 lakhs in Q3FY25. Revenue from operations grew 33.29% to ₹18934.82 lakhs. For the nine-month period, profit surged to ₹1143.69 lakhs from ₹147.48 lakhs previously, with revenue increasing 21.41% to ₹57388.68 lakhs. The Board approved these results on February 10, 2026.
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Bharat Gears Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a strong operational turnaround. The automotive gears manufacturer reported significant improvements across key financial metrics, marking a notable recovery from the previous year's performance.
Financial Performance Overview
The company's quarterly performance showed substantial improvement across all major parameters:
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹18934.82 lakhs | ₹14207.70 lakhs | +33.29% |
| Net Profit/(Loss) | ₹256.84 lakhs | ₹(1029.49) lakhs | Turnaround |
| Total Income | ₹18986.77 lakhs | ₹14235.73 lakhs | +33.40% |
| Total Expenses | ₹18645.07 lakhs | ₹15498.89 lakhs | +20.30% |
| Earnings per Share | ₹1.68 | ₹(6.70) | Positive |
Nine-Month Period Results
For the nine-month period ended December 31, 2025, Bharat Gears demonstrated consistent growth momentum:
| Parameter | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Revenue from Operations | ₹57388.68 lakhs | ₹47266.71 lakhs | +21.41% |
| Net Profit | ₹1143.69 lakhs | ₹147.48 lakhs | +675.53% |
| Total Income | ₹57807.91 lakhs | ₹47451.70 lakhs | +21.83% |
| Earnings per Share | ₹7.45 | ₹0.96 | +676.04% |
Expense Management and Profitability
The company's expense structure for Q3FY26 reflected operational improvements. Cost of materials and components consumed increased to ₹9851.64 lakhs from ₹7850.19 lakhs in Q3FY25. Employee benefits expense rose to ₹3444.10 lakhs compared to ₹2923.74 lakhs in the previous year. Finance costs decreased significantly to ₹336.93 lakhs from ₹430.48 lakhs, indicating improved financial management.
Tax Position and Comprehensive Income
The company reported a total tax expense of ₹84.86 lakhs for Q3FY26, comprising current tax of ₹76.22 lakhs and deferred tax of ₹8.64 lakhs. This contrasted with a tax credit of ₹233.67 lakhs in Q3FY25. Total comprehensive income for the quarter reached ₹260.98 lakhs, including other comprehensive income of ₹4.14 lakhs.
Corporate Developments
The Board of Directors approved the results at their meeting held on February 10, 2026, which commenced at 1:00 PM and concluded at 2:45 PM. The company noted that during the quarter, it received concerns regarding the citizenship status of Chairman and Managing Director Surinder Paul Kanwar. The Board concluded, based on independent legal opinion, that his citizenship status remains unchanged pending any final government direction.
Business Outlook
Bharat Gears operates primarily in the automotive gears business with all activities revolving around this core segment. The company maintains its paid-up equity share capital at ₹1535.51 lakhs with a face value of ₹10 per share. The financial results were reviewed by the statutory auditors Deloitte Haskins & Sells LLP and recommended by the Audit Committee before Board approval.
Historical Stock Returns for Bharat Gears
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.79% | +2.27% | +7.44% | +30.87% | +29.13% | +123.30% |
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