M M Forgings' Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- M M Forgings Ltd reported a 7.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.4%.
- Its expenses for the quarter were up by 7.4% QoQ and 15.2% YoY.
- The net profit increased 6.0% QoQ and decreased 33.8% YoY.
- The earnings per share (EPS) of M M Forgings Ltd stood at 3.64 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 416.87 | 388.89 | 377.61 | 7.2% | 10.4% |
Total Expenses | 390.80 | 363.81 | 339.10 | 7.4% | 15.2% |
Profit Before Tax | 26.07 | 25.07 | 38.55 | 4.0% | -32.4% |
Tax | 8.50 | 8.50 | 12.00 | 0.0% | -29.2% |
Profit After Tax | 17.57 | 16.57 | 26.55 | 6.0% | -33.8% |
Earnings Per Share | 3.64 | 3.43 | 5.50 | 6.1% | -33.8% |
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 in the manufacturing sector, specifically focusing on the production of forged components. These components are primarily used in the automotive industry, where they are integral to a variety of applications. As of the most recent updates available up to October 2023, M M Forgings Ltd has been engaged in expanding its product range and exploring new markets to enhance its competitive position. However, specific recent major developments regarding expansions, mergers, or acquisitions are not available within the provided data. The company’s strategic focus remains on maintaining its production efficiency and quality standards in the forging industry.
Revenue
For the quarter ending in Q3FY26, M M Forgings Ltd reported a total income of ₹416.87 crores, reflecting a 7.2% increase compared to the previous quarter (Q2FY26) and a 10.4% increase year-over-year (YoY) from Q3FY25. This growth in revenue suggests an upward trajectory in the company’s sales performance over both the quarter-over-quarter (QoQ) and YoY comparisons. Such performance might be indicative of either increased demand for its products or expansion in market share. The revenue growth outpaced the growth in expenses, which is a positive indicator in terms of operational efficiency.
Profitability
The profitability of M M Forgings Ltd saw a nuanced performance in Q3FY26. The Profit Before Tax (PBT) was ₹26.07 crores, marking a 4.0% increase from the previous quarter but a significant decrease of 32.4% compared to the same quarter last year. The company's Profit After Tax (PAT) for Q3FY26 was ₹17.57 crores, representing a 6.0% increase from Q2FY26 but a 33.8% decrease YoY. The Earnings Per Share (EPS) for this quarter stood at ₹3.64, reflecting similar trends as the PAT, with a 6.1% QoQ increase but a 33.8% YoY decline. The YoY decline in PBT and PAT suggests a reduction in profitability compared to the previous year, despite the QoQ improvements.
Operating Metrics
In terms of operating metrics, the total expenses for M M Forgings Ltd rose to ₹390.80 crores in Q3FY26, which is a 7.4% increase from the previous quarter and a 15.2% increase YoY. The tax paid remained constant at ₹8.50 crores from the previous quarter, though it decreased by 29.2% compared to Q3FY25. These figures indicate that the company managed to maintain a stable tax expense quarter-over-quarter, despite the fluctuations in profitability. The increases in expenses both QoQ and YoY could reflect increased operational costs, potentially due to factors such as raw material price hikes or increased labor costs. Overall, the company's financial data for Q3FY26 shows mixed trends with improvements in some areas and declines in others.