New technologies in the automotive industry require lightweight, environment-friendly, and mechanically strong materials. Bast fibers such as kenaf, flax, and hemp reinforced polymers are frequently used composites in semi-structural applications in industry. However, the low mechanical properties of bast fibers limit the applications of these composites in structural applications. The work presented here aims to enhance the mechanical property profile of bast fiber reinforced acrylic-based polyester resin composites by hybridization with basalt fibers. The hybridization was studied in three resin forms, solution, dispersion, and a mixture of solution and dispersion resin forms. The composites were prepared by established processing methods such as carding, resin impregnation, and compression molding. The composites were characterized for their mechanical (tensile, flexural, and Charpy impact strength), thermal, and morphological properties. The mechanical performance of hybrid bast/basalt fiber composites was significantly improved compared to their respective bast fiber composites. For hybrid composites, the specific flexural modulus and strength were on an average about 21 and 19% higher, specific tensile modulus and strength about 31 and 16% higher, respectively, and the specific impact energy was 13% higher than bast fiber reinforced composites. The statistical significance of the results was analyzed using one-way analysis of variance. © 2021 by the authors. Licensee MDPI, Basel, Switzerland.