Happy Forgings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026.
HAPPYFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Happy Forgings Limited's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Statutory auditors S R Batliboi & Co. LLP issued an unmodified (clean) opinion on the results. Operating profit before tax grew to ₹47,899.01 lakh from ₹42,348.24 lakh in the prior year. The board declared a final dividend of ₹4 per equity share (face value ₹2) for FY 2025-26, subject to shareholder approval. Key appointments include KPMG as internal auditor and Rajan Sabharwal & Associates as cost auditor. The solar power project capacity was increased from 25 MW to 35 MW with investment up to ₹170 crore. Two director re-appointments were also approved.
The clean audit opinion and 13% growth in operating profit indicate stable performance. The dividend declaration and expansion of green energy infrastructure are positive signals for shareholders.