Bharat Forge, one of India’s leading automotive component suppliers, has demonstrated resilience in its standalone financial performance for the fourth quarter and full fiscal year 2025, navigating global headwinds while capitalising on robust growth in its defence sector business.  The company showcased a steady performance despite challenges in certain international markets.

For Q4 FY2025, Bharat Forge recorded standalone revenues of INR 21 billion, with an EBITDA of INR 6 billion, translating to a healthy EBITDA margin of 29.1 percent. The company also reported a Profit Before Tax (PBT) of INR 4.9 billion.

For FY2025, Bharat Forge reported standalone revenues of INR 88 billion, a marginal dip of 1.4 percent compared to the INR 89 billion recorded in FY2024. Despite this slight decrease in revenue, the company managed to improve its profitability, with EBITDA at INR 25 billion (EBITDA margin of 28.5 percent) and PBT at INR 19 billion, both showing a marginal improvement compared to the previous fiscal year. The company also highlighted a strong balance sheet with cash on books of INR 26 billion.

The company stated that FY25 Revenues remained flat despite weakness in European CVs, mixed performance in export PV business. Oil & Gas recouped from the lows of FY24 while Defence displayed steady growth.

At a consolidated level, Bharat Forge reported revenues of INR 15.1 billion in FY2025, remaining relatively flat compared to the INR 15.6 billion in FY24. However, the company saw a significant improvement in consolidated EBITDA margins, rising from 16.4 percent to 18.2 percent.

A significant highlight of the year was the strong order inflow, particularly in the defence sector. During Q4 FY25, the company secured new orders worth INR 43 billion, including a substantial INR 34 billion towards the ATAGS order. As of March 2025, the defence order book stood at a robust INR 94 billion. For the entire fiscal year, the Bharat Forge group secured new orders worth INR 69 billion, with the defence sector accounting for an impressive 70 percent of these new wins.

The company also highlighted the strong performance of its ferrous castings business, which witnessed significant growth with revenues increasing by 23 percent, EBITDA by 35 percent, and a doubling of profits compared to FY2024. Key return ratios for this segment exceeded 20 percent.

Looking ahead to FY2026, Bharat Forge outlined its strategic focus on improving consolidated profitability through several internal actions. These include reducing losses in the e-mobility vertical, evaluating options for the steel business in Europe, improving operational performance in the aluminium business, leveraging North American manufacturing footprint and focusing on new business wins across traditional forgings, defence, aerospace and castings. The company also anticipates the integration of the AAM India business in FY2026, which is expected to further enhance its product portfolio and presence in the Indian market.

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Aumovio SE, formerly the Automotive group sector of Continental, has successfully spun off and is now trading as an independent company on the Frankfurt Stock Exchange.

The company, a global provider of hardware and software solutions for vehicles, opened trading at an initial share price of EUR 35.00, giving it a market capitalisation of EUR 3.5 billion.

Philipp von Hirschheydt, CEO, Aumovio, said, “Today’s listing marks the start of a new era in our history. We not only start the initial trading of our shares, but also the launch of Aumovio as a new and independent company. We are committed to play a key role in shaping the future of mobility as a leader for automotive technology and electronics. In doing so, we are combining our tradition and unique automotive expertise with a clear focus on shaping a promising future. I’d like to thank our entire team for their outstanding commitment over the past months. Today’s IPO will motivate us to consistently drive forward our strategy – for our shareholders, customers and employees.”

Aumovio starts its journey with a strong financial position, reporting no financial debt and having EUR 1.5 billion in cash funds as of 30 June 2025.

With over 86,000 employees, Aumovio is confident in its ability to deliver value-driven growth. The company has already shown improved profitability, with an adjusted EBIT margin of 2.7 percent in the first half of 2025. Looking ahead, Aumovio plans to increase its long-term sales to more than EUR 24 billion, up from EUR 19.6 billion in 2024. The company is also targeting a long-term adjusted EBIT margin of 6 percent to 8 percent.

The new shares are traded under the ticker symbol AMV0 on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. At launch, one Aumovio share was allocated for every two Continental shares held by Continental shareholders. The IHO-Group, a strategic investment arm of the Schaeffler Group, holds approximately 46 percent of the total shares.

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Marelli, a global automotive technology supplier, has been recognised for its sustainable efforts with a 2025 Enlighten Award in the 'Sustainable Process' category. The award, presented on 16th September in Detroit, Michigan, honours the company’s Adhesive Wastewater Recovery Solution.

This new process, which was developed in Marelli's Kyushu, Japan plant and launched in late 2024, significantly improves water efficiency. It works by treating wastewater – classified as industrial waste – generated from cleaning machinery used in the manufacturing of vehicle interiors. The process separates, condenses and solidifies the adhesive residue, allowing the remaining water to be reused in other manufacturing operations.

This innovative solution recovers approximately 85 percent of the wastewater, eliminating the need for additional disposal steps and cutting water usage at the Kyushu plant by an estimated 8,160 kilograms per year.

The Enlighten Award, presented by the Center for Automotive Research (CAR) and Altair, celebrates advancements that reduce carbon footprint, mitigate water and energy consumption and promote material reuse.

Tsukasa Fujii, President of Marelli’s Interiors business, said, “We’re honoured to win the Altair Enlighten Award for our Adhesive Wastewater Recovery Solution. This innovation embodies the Marelli culture of aiming to use resources efficiently, drawing also from Japanese know-how, which in particular developed this solution. This was also made possible by the strong leadership of our factory managers, based on our ‘Plant First’ approach. We will continue to partner with automotive OEMs to contribute to a sustainable society, and we believe this technology will set new industry standards.”

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Iochpe-Maxion, a world leader in automotive wheels production and a leading producer of automotive structural components in the Americas, has received official validation from the Science Based Targets initiative (SBTi) for its net-zero emissions strategy. This approval confirms that the company’s climate goals are consistent with the ambition to limit global warming to 1.5°C and achieve net-zero emissions by 2050 at the latest.

The SBTi has classified both the company’s near-term and long-term targets for Scope 1, 2 and 3 emissions as aligned with 1.5°C mitigation pathways. Iochpe-Maxion has committed to reducing its absolute Scope 1 and 2 emissions by 63.2 percent by 2030, using 2019 as a base year. Over the same period, it will also cut its absolute Scope 3 emissions from purchased goods and services by 25 percent, using a 2024 baseline.

By 2040, the company aims to achieve net-zero greenhouse gas emissions across its entire value chain. This long-term objective involves a 90 percent reduction in both Scope 1 and 2 emissions from the 2019 baseline, and a 90 percent cut in Scope 3 emissions from the 2024 baseline.

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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has appointed Vikrampati Singhania, Managing Director, JK Fenner (India), as President, ACMA for the 2025–26 term.

He succeeds Shradha Suri Marwah, who had been leading ACMA for the president. In addition, Sriram Viji, Managing Director, Brakes India, is the next President Designate.

Vinnie Mehta, Director General, ACMA, said, “The appointment of Vikrampati Singhania as President and Sriram Viji as President Designate comes at a decisive moment for our industry. The auto component sector is navigating geopolitical volatility, supply chain realignments, and accelerating electrification. Their proven leadership will be invaluable in steering ACMA’s agenda on strengthening India’s global competitiveness, securing critical raw materials, and fostering R&D and innovation. I am confident that under their stewardship, ACMA will further our industry’s vision of building a resilient, sustainable, and future-ready mobility ecosystem.”

Vikrampati Singhania, said, “It is a privilege to lead ACMA at a time when India is rapidly emerging as a trusted global partner in mobility value chains. With exports crossing record highs and EV adoption reshaping the market, our task is to strengthen resilience and competitiveness. We must deepen localization, invest in advanced technologies, and embrace sustainability as a core business imperative. Together, with the government’s continued support and our industry’s commitment, we will work towards making India not only self-reliant but also a global leader in the next generation of mobility components.”

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