The Financial Result submitted on 30th may 2025 contained certain inadvertent error. We are submitting rectified financial result for the half year and year ended on March 31, 2025.
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Awaiting price reaction for this filing.
Amic Forging has re-submitted its audited financial results for FY25 after correcting inadvertent errors found in the version filed earlier on May 30, 2025. On a standalone basis, total operating income fell to roughly ₹64.7 crore from about ₹81.3 crore in FY24, a decline of around 20%. Profit after tax dropped sharply to approximately ₹6.9 crore from ₹12.4 crore in FY24, a fall of nearly 45%. The consolidated figures show a similar trend, with the company posting lower revenue and profit compared to the previous year. The statutory auditor, K.N. Gutgutia & Co., issued an unmodified (clean) opinion on both the standalone and consolidated results, and confirmed the company operates in a single segment.
Shareholders should note the sharp YoY decline in both revenue and profitability, which could weigh on short-term sentiment. However, the clean auditor opinion and the nature of the filing being a clerical correction rather than a fundamental restatement limits the negative impact. Investors should watch for management commentary on the reasons behind the revenue and margin compression.