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Balu Forge Industries (BFIL) announced the receipt of a significant order in the large-calibre ammunition segment. The company has secured an initial contract to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. This partnership marks a critical milestone in BFIL`s expanding footprint within the domestic defence sector. Supplies for this strategic order are scheduled to commence in June 2026.This initial contract lays the groundwork for a robust, long-term collaboration. The order volume is projected to scale up to over 100,000 shells with additional variants, reflecting the strong demand and confidence in BFIL`s manufacturing capabilities. Furthermore, the agreement outlines the integration of additional ammunition variants into the production pipeline in due course, allowing the company to comprehensively cater to evolving artillery requirements.The execution of this order will be driven by BFIL`s 100% indigenously built, fully automated empty shell production line located at its greenfield facility in Belgaum, Karnataka. Powered by advanced robotics, this unmanned forging line delivers unprecedented precision, speed, and efficiency.

Net profit of Balu Forge Industries rose 4.87% to Rs 65.74 crore in the quarter ended March 2026 as against Rs 62.69 crore during the previous quarter ended March 2025. Sales declined 2.26% to Rs 263.55 crore in the quarter ended March 2026 as against Rs 269.65 crore during the previous quarter ended March 2025.For the full year,net profit rose 26.99% to Rs 258.89 crore in the year ended March 2026 as against Rs 203.86 crore during the previous year ended March 2025. Sales rose 19.89% to Rs 1107.37 crore in the year ended March 2026 as against Rs 923.62 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales263.55269.65 -2 1107.37923.62 20 OPM %22.7427.81 -27.0527.19 - PBDT78.6174.94 5 316.00257.29 23 PBT75.4274.06 2 306.05253.94 21 NP65.7462.69 5 258.89203.86 27 Powered by Capital Market - Live News

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 30 May 2026.

Balu Forge Industries announced the resignation of Ashok Todkari, the Chief Financial Officer (CFO) of the company. He is transitioning into a wider strategic leadership role befitting his extensive experience within the company.

Balu Forge Industries announced a significant strategic breakthrough with its maiden entry into the highly critical and technically demanding aerospace sector. The company has officially received its first commercial purchase order for the supply of precision engineered components to Alpha Aircraft Systems Inc, a prominent entity based in the United States.As a testament to the accelerated execution and commitment of both parties, BFIL confirms that the advance for this project was successfully received on May 25, 2026. This solidifies the commencement of the development and manufacturing phase for this prestigious aerospace project.