HAPPYFORGENSEHappy Forgings LimitedHighNeutral
Announced Sat, 9 Aug · 14:28 IST

Happy Forgings Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Auditor Mid Year ChangeResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Happy Forgings Limited announced its unaudited financial results for the quarter ended June 30, 2025. Standalone revenue from operations rose modestly to Rs 35,380.34 lacs from Rs 34,146.56 lacs in the same quarter last year, a growth of about 3.6%. Profit after tax (standalone) increased to Rs 6,569.02 lacs from Rs 6,385.64 lacs, while EPS rose to Rs 7.64 from Rs 6.78. The statutory auditor S.R. Batliboi & Co. LLP issued an unmodified limited review report on both standalone and consolidated results. The Board also appointed SCV & Co. LLP and KPMG Assurance and Consulting Services LLP as Internal Auditors for FY 2025-26. As of June 30, 2025, Rs 76.47 crores of IPO proceeds remain unutilized and are parked in fixed deposits.

Likely market impact

The results show steady but modest single-digit growth in revenue and profits, suggesting stable operations without major surprises. The clean audit report and appointment of reputed firms as internal auditors strengthen governance credibility, though the limited revenue growth may temper near-term excitement for the stock.