M M Forgings Ltd

Earnings Call

M M Forgings Earnings Call Transcript: Key Takeaways

MM Forgings delivered robust Q1 revenue growth of 16% YoY, driven by strong US CV market demand and a higher machining mix, though reported PAT was significantly inflated by a one-time ₹64 Cr land sale gain.

Call

Guides 18% growth

Results Correction

M M Forgings Results Correction

M M Forgings clarified an exceptional item of ₹56.25 Crore recorded in the Q1FY27 financial results. The amount represents profit from the sale of land.

Value

₹56.25 Cr

Management Change

M M Forgings Management Change

M M Forgings Ltd announced the resignation of Shri. Chandrasekar S from his position as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective August 14, 2026.

Financial Results

M M Forgings Q1 FY27 Results: Net Profit ₹34.2 Cr, Up 78.1% YoY

M M Forgings Ltd reported revenue from operations of ₹409.9 Cr (+16.8% YoY) and net profit of ₹34.2 Cr (+78.1% YoY) for Q1 FY27.

Key figure

Net profit ₹34.2 Cr · +78.1% YoY

Annual General Meeting

M M Forgings Annual General Meeting

M M Forgings Limited concluded its 80th Annual General Meeting on August 8, 2026. Shareholders approved all agenda items, including financial statements and director appointments.