MM Forgings files 80th Annual Report; AGM set for Aug 8, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MM Forgings submitted its 80th Annual Report for FY26 along with the AGM notice. AGM scheduled for Aug 8, 2026 via video conference. Total income hit an all-time high of about Rs 1,570 crore. Domestic sales grew 9.5 percent to about Rs 986 crore while exports stood at about Rs 543 crore. However, profit after tax dipped to about Rs 113.86 crore from Rs 136.30 crore, and EPS fell to Rs 23.58 from Rs 28.23. Dividend held steady at 40 percent. Board also approved fund-raising of up to Rs 600 crore via QIP.
Revenue at record high but profit and EPS declined year-on-year. Rs 600 crore fund-raising plan may dilute equity; dividend unchanged.