M M Forgings' Q2 FY 2025-26 Quarterly Results
- 16 Nov 2025
Result Summary
- M M Forgings Ltd reported a 5.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.1%.
- Its expenses for the quarter were up by 6.5% QoQ and 0.9% YoY.
- The net profit decreased 13.7% QoQ and decreased 48.1% YoY.
- The earnings per share (EPS) of M M Forgings Ltd stood at 3.43 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 388.89 | 369.40 | 405.37 | 5.3% | -4.1% |
Total Expenses | 363.81 | 341.71 | 360.46 | 6.5% | 0.9% |
Profit Before Tax | 25.07 | 27.69 | 44.92 | -9.5% | -44.2% |
Tax | 8.50 | 8.50 | 13.00 | 0.0% | -34.6% |
Profit After Tax | 16.57 | 19.19 | 31.91 | -13.7% | -48.1% |
Earnings Per Share | 3.43 | 3.97 | 6.61 | -13.6% | -48.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
M M Forgings Ltd is a prominent company engaged in the manufacturing of forged components. The company primarily serves industries such as automotive, construction, and industrial machinery, providing a wide range of forged products that are critical to these sectors. As a key player in the forging industry, M M Forgings Ltd focuses on maintaining high standards of quality and innovation in its product offerings. The company constantly endeavors to expand its market presence through strategic initiatives and technological advancements. Recent developments within the company or significant strategic shifts are not available from the provided data.
Revenue
In the second quarter of the fiscal year 2026 (Q2FY26), M M Forgings Ltd reported a total income of ₹388.89 crores. This represents a sequential increase of 5.3% compared to the first quarter of fiscal year 2026 (Q1FY26), where the total income was ₹369.40 crores. However, when compared to the second quarter of fiscal year 2025 (Q2FY25), the total income decreased by 4.1% from ₹405.37 crores. This quarterly growth juxtaposed with an annual decline highlights the dynamic nature of the company's revenue performance over different periods.
Profitability
The company reported a profit before tax (PBT) of ₹25.07 crores in Q2FY26, indicating a 9.5% decrease from the ₹27.69 crores recorded in Q1FY26. On a year-over-year basis, the PBT declined significantly by 44.2% from ₹44.92 crores in Q2FY25. The tax expense remained stable at ₹8.50 crores quarter-over-quarter, but it marks a reduction from ₹13.00 crores year-over-year, a 34.6% decrease. Consequently, the profit after tax (PAT) for Q2FY26 stood at ₹16.57 crores, a decrease of 13.7% from the previous quarter and a 48.1% decline from the same quarter last year. Earnings per share (EPS) mirrored this trend, with values decreasing from ₹3.97 in the previous quarter to ₹3.43 in Q2FY26 and from ₹6.61 in Q2FY25.
Operating Metrics
During Q2FY26, M M Forgings Ltd's total expenses amounted to ₹363.81 crores, reflecting a 6.5% increase from ₹341.71 crores in Q1FY26. Compared to Q2FY25, total expenses saw a modest increase of 0.9% from ₹360.46 crores. This rise in expenses contrasts with the decrease in profitability metrics, such as PBT and PAT. The financial data does not provide specific figures for current ratios or other detailed operational metrics, which limits further analysis of operational efficiency and financial health. However, the existing data highlights key financial dynamics such as revenue fluctuations, expense management, and profitability shifts within the company's operations over the observed periods.