Enclosing herewith Annual Report for the FY 2024-2025
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Awaiting price reaction for this filing.
Forbes Precision Tools and Machine Parts Ltd has submitted its 3rd Annual Report for FY 2024-25 to BSE, along with the notice for its 3rd Annual General Meeting scheduled for Thursday, June 26, 2025 at 3:00 PM via video conferencing. For FY24-25, the company reported total income of ₹23,703.51 lakhs (up from ₹22,955.60 lakhs) and profit after tax of ₹2,874.57 lakhs (slightly down from ₹2,971.11 lakhs). Basic EPS stood at ₹5.57. The Board has proposed seeking shareholder approval to ratify the cost auditor's remuneration of ₹2.50 lakhs and to appoint M/s Makarand M Joshi & Co. as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at ₹2 lakhs per annum. The company operates in the metal cutting tools industry under the TOTEM brand.
Routine regulatory filing — no immediate stock price impact expected, though it confirms steady revenue growth, a slight dip in net profit, and an interim dividend of ₹5 per share already declared for FY 2025-26, which is positive for shareholders.