M M Forgings' Q1 FY 2025-26 Quarterly Results
- 07 Aug 2025
Result Summary
- M M Forgings Ltd reported a 8.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.7%.
- Its expenses for the quarter were down by 3.3% QoQ and 1.1% YoY.
- The net profit decreased 47.9% QoQ and decreased 36.3% YoY.
- The earnings per share (EPS) of M M Forgings Ltd stood at 4 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 369.40 | 403.24 | 387.73 | -8.4% | -4.7% |
Total Expenses | 341.71 | 353.44 | 345.62 | -3.3% | -1.1% |
Profit Before Tax | 27.69 | 50.41 | 42.12 | -45.1% | -34.3% |
Tax | 8.50 | 13.61 | 12.01 | -37.5% | -29.2% |
Profit After Tax | 19.19 | 36.80 | 30.11 | -47.9% | -36.3% |
Earnings Per Share | 4.00 | 15.20 | 12.50 | -73.7% | -68.0% |
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 player in the forging industry, primarily engaged in the manufacturing of steel forgings for various applications. The company serves several sectors, including automotive, construction, and industrial machinery, providing essential components such as crankshafts, connecting rods, and other critical parts. As of the last available data, M M Forgings Ltd has been focusing on expanding its production capabilities and enhancing its product offerings to cater to both domestic and international markets. Recent developments in the company have included efforts to modernize its manufacturing facilities and explore potential collaborations or partnerships to strengthen its market position. Specific recent developments beyond these general trends are not available in the provided data.
Revenue
In the first quarter of the financial year 2026 (Q1FY26), M M Forgings Ltd reported a total income of ₹369.40 crores. This reflects a decrease of 8.4% compared to the previous quarter (Q4FY25), where the total income was ₹403.24 crores. Additionally, when compared to the same quarter in the previous year (Q1FY25), the total income showed a decline of 4.7%, down from ₹387.73 crores. These figures suggest a downward trend in revenue on both a quarter-over-quarter and year-over-year basis, indicating a challenging financial environment for the company in this period.
Profitability
The profitability metrics for M M Forgings Ltd in Q1FY26 show a significant decline. The profit before tax was recorded at ₹27.69 crores, which is a decrease of 45.1% from the previous quarter's ₹50.41 crores. Compared to Q1FY25, there was a reduction of 34.3% from ₹42.12 crores. The tax expense for Q1FY26 was ₹8.50 crores, indicating a decrease of 37.5% from the previous quarter and 29.2% from the same period last year. Consequently, the profit after tax was ₹19.19 crores, showing a substantial decline of 47.9% from the previous quarter's ₹36.80 crores and 36.3% from ₹30.11 crores in Q1FY25. These figures highlight a period of reduced profitability for the company.
Operating Metrics
The operating metrics for M M Forgings Ltd illustrate a decrease in efficiency and shareholder returns. The total expenses in Q1FY26 amounted to ₹341.71 crores, a reduction of 3.3% from the previous quarter’s ₹353.44 crores and a slight decrease of 1.1% from ₹345.62 crores in Q1FY25. Despite the decrease in expenses, the earnings per share (EPS) saw a significant decline to ₹4.00 in Q1FY26 from ₹15.20 in Q4FY25, marking a 73.7% drop. Year-over-year, the EPS fell 68.0% from ₹12.50 in Q1FY25. These metrics are indicative of a challenging period for M M Forgings Ltd, with reduced operating income and profitability impacting shareholder returns.
FAQs
When was M M Forgings Ltd Q1 FY 2025-26 result announced?
M M Forgings Ltd announced its Q1 FY 2025-26 results on 7 August, 2025.
What are M M Forgings Ltd quarterly results?
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.
What were the key highlights of M M Forgings Ltd Q1 FY 2025-26 results?
Key highlights of M M Forgings Ltd Q1 FY 2025-26 results include:
- Revenue: ₹369.40 crore
- Net Profit: ₹19.19 crore
- EBITDA: ₹71.07 crore
- Year-over-Year Growth: -4.7%
- Quarter-over-Quarter Growth: -8.4%
How did M M Forgings Ltd net profit perform in this quarter?
M M Forgings Ltd reported a net loss of ₹19.19 crore in Q1 FY 2025-26, reflecting a -36.3% year-over-year growth.
What was M M Forgings Ltd revenue in Q1 FY 2025-26?
M M Forgings Ltd posted a revenue of ₹369.40 crore in Q1 FY 2025-26.