MMFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MM Forgings Ltd has published its audited financial results for Q4 and FY26 ended 31 March 2026 in Makkal Kural and Business Line newspapers. For FY26, total income from operations increased to Rs. 1,605.49 lakhs from Rs. 1,547.83 lakhs in FY25. However, net profit after tax declined to Rs. 98.67 lakhs from Rs. 121.86 lakhs in the previous year, a drop of about 19%. Basic EPS fell to Rs. 20.44 from Rs. 25.24. Q4 standalone revenue was Rs. 430.33 lakhs with net profit of Rs. 44.75 lakhs. The Board declared an interim dividend of Rs. 4 per equity share. The filing is under Regulation 47 of SEBI (LODR) Regulations, 2015.
Revenue grew modestly but profitability declined significantly year-on-year, which could concern investors. The dividend declaration provides some positive signal for shareholders. The stock may see cautious reaction given the earnings contraction despite higher revenues.