Amforge Industries News

Amforge Industries Reports Quarterly Results for Second Quarter Ended September 2025

Amforge Industries Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2025. The company reported a net profit of Rs 2.98 lakhs for the quarter compared to a loss of Rs 4.17 lakhs in the previous quarter. For the half year period, net profit stood at Rs 1.19 lakhs loss compared to Rs 25.08 lakhs profit in the previous corresponding period. Total income for the quarter was Rs 52.90 lakhs, primarily from other income, with total expenses of Rs 49.74 lakhs. The company's total comprehensive income for the quarter was Rs 5.35 lakhs. Basic earnings per share for continuing operations was Rs 0.02 for the quarter. The Board of Directors approved these results in their meeting held on November 11, 2025. The company's total assets stood at Rs 1,678.00 lakhs as of September 30, 2025, with total equity of Rs 1,322.46 lakhs.

Amforge Industries Reports Net Loss of Rs. 8.17 Lakhs in Q1 FY2025-26 as Revenue Declines 23.8%

Amforge Industries Limited reported a net loss of Rs. 8.17 lakhs for Q1 FY2025-26, marking a significant turnaround from the Rs. 12.20 lakhs net profit recorded in the same quarter last year. The Mumbai-based industrial manufacturing company's total income fell 23.8% to Rs. 49.57 lakhs from Rs. 65.06 lakhs year-on-year, while total expenses increased 5.7% to Rs. 51.53 lakhs. The company recorded a loss before tax of Rs. 1.96 lakhs. The balance sheet shows paid-up equity capital of Rs. 287.74 lakhs and other equity of Rs. 1,023.90 lakhs.

Amforge Industries Re-appoints Ajit Pandurang Walwaikar as Independent Director for Second Five-Year Term

Amforge Industries Limited's Board of Directors has re-appointed Mr. Ajit Pandurang Walwaikar as a Non-Executive Independent Director for a second term of five years, from November 11, 2025 to November 10, 2030. The re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Walwaikar holds qualifications in B.A., LLM, and CS, with extensive experience in legal, land, revenue, customs, and labor matters. He has decades of working experience as Company Secretary and Vice President (Legal) in public limited companies. The director is not related to any other director or key managerial personnel of the company.