Outcome of Board Meeting
Price
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The Board of Directors of Amic Forging Ltd approved the unaudited standalone and consolidated financial results for the half year ended September 30, 2025 on November 14, 2025. Revenue from Operations stood at Rs 6,658.04 lakhs, up modestly from Rs 6,366.81 lakhs in the same period last year (~4.6% growth). However, total revenue fell sharply to Rs 6,712.19 lakhs from Rs 8,128.55 lakhs, mainly due to a steep drop in other income (Rs 54.15 lakhs vs Rs 1,761.74 lakhs). Profit After Tax declined about 45% to Rs 1,240.10 lakhs (from Rs 2,272.32 lakhs), and EPS fell to Rs 11.82 from Rs 27.67. The auditor (K. N. Gutgutia & Co.) issued a clean limited review report with no qualifications. Net cash from operating activities was negative at Rs -233.13 lakhs.
Sharp decline in PAT and negative operating cash flow may weigh on short-term investor sentiment, though core operations (revenue from operations) showed stable growth. The drop in profitability appears largely driven by a one-off decline in other income rather than core business deterioration.