M M Forgings' Q1 FY 2026-27 Quarterly Results
- 15 Aug 2026
Result Summary
- M M Forgings Ltd reported a 0.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 15.5%.
- Its expenses for the quarter were down by 0.8% QoQ and up 14.6% YoY.
- The net profit increased 102.1% QoQ and increased 371.2% YoY.
- The earnings per share (EPS) of M M Forgings Ltd stood at 18.73 during Q1 FY 2026-27.
Financial Statments for Q1 FY 2026-27
(₹ crores) | Q1FY27 | Q4FY26 | Q1FY26 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 426.76 | 430.33 | 369.40 | -0.8% | 15.5% |
Total Expenses | 391.69 | 394.88 | 341.71 | -0.8% | 14.6% |
Profit Before Tax | 91.32 | 35.40 | 27.69 | 158.0% | 229.8% |
Tax | 0.90 | -9.35 | 8.50 | -109.6% | -89.4% |
Profit After Tax | 90.42 | 44.74 | 19.19 | 102.1% | 371.2% |
Earnings Per Share | 18.73 | 9.27 | 3.97 | 102.0% | 371.8% |
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 company that operates within the manufacturing industry, primarily focusing on the production of forged components. The company is known for supplying automotive, industrial, and construction sectors with high-quality forged products. As of the knowledge cutoff in October 2023, there are no specific recent major developments available for M M Forgings Ltd. The company is likely involved in various stages of production and distribution within its sector, contributing to its financial performance showcased in the recent quarterly report.
Revenue
For the first quarter of FY27, M M Forgings Ltd reported a total income of ₹426.76 crores. This represents a slight reduction of 0.8% from the previous quarter (Q4FY26), where the total income was ₹430.33 crores. However, there is a notable year-over-year increase of 15.5% when compared to the first quarter of FY26, where the total income was ₹369.40 crores. This data indicates a positive annual growth trajectory, even though there is a slight quarterly decline.
Profitability
M M Forgings Ltd reported a significant improvement in profitability for Q1FY27. The Profit Before Tax (PBT) was ₹91.32 crores, marking a substantial quarter-over-quarter increase of 158.0% from ₹35.40 crores in Q4FY26, and a remarkable year-over-year increase of 229.8% from ₹27.69 crores in Q1FY26. The Profit After Tax (PAT) for Q1FY27 was ₹90.42 crores, which is a 102.1% increase from ₹44.74 crores in the previous quarter and a 371.2% increase from ₹19.19 crores in the same quarter of the previous year. This improvement is reflected in the Earnings Per Share (EPS), which was ₹18.73 in Q1FY27, showing a 102.0% rise from the previous quarter and a 371.8% rise year-over-year.
Operating Metrics
The total expenses for Q1FY27 were recorded at ₹391.69 crores, which is a minor decrease of 0.8% from the ₹394.88 crores in Q4FY26. Compared to Q1FY26, where the total expenses were ₹341.71 crores, there is an increase of 14.6%. The tax component for Q1FY27 was ₹0.90 crores, which contrasts significantly with the previous quarter's tax credit of ₹-9.35 crores and the tax expense of ₹8.50 crores in Q1FY26. These metrics highlight the changes in cost management and taxation impacts over the periods analyzed.
FAQs
M M Forgings Ltd announced its Q1 FY 2026-27 results on 15 August, 2026.
M M Forgings Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
Key highlights of M M Forgings Ltd Q1 FY 2026-27 results include:
- Revenue: ₹426.76 crore
- Net Profit: ₹90.42 crore
- EBITDA: ₹137.47 crore
- Year-over-Year Growth: 15.5%
- Quarter-over-Quarter Growth: -0.8%
M M Forgings Ltd reported a net profit of ₹90.42 crore in Q1 FY 2026-27, reflecting a 371.2% year-over-year growth.
M M Forgings Ltd posted a revenue of ₹426.76 crore in Q1 FY 2026-27.