Kalyani Forge News

Kalyani Forge Appoints Independent Director via Postal Ballot

Kalyani Forge Limited successfully completed postal ballot process for appointing Mr. Viswanathan Swaminathan as Independent Director with 99.99% approval from shareholders.

Kalyani Forge Reports 53% PAT Margin Improvement Despite Export Challenges in Q2FY26

Kalyani Forge Limited held an investor conference call presenting quarterly results showing improved profitability despite reduced US exports due to tariff-related issues. The company achieved a 53% improvement in PAT margin from the previous quarter and EBITDA margin growth to 13% through cost control measures and operational efficiency improvements. Domestic sales maintained momentum following post-GST cuts, while export sales currently represent 20% of total sales. The company successfully ramped up high-volume, non-auto export business in the USA and commenced Europe transmission business consignments. New business developments included acquiring a new MNC customer in the axle business and order wins worth Rs. 95.47 crores. The company completed Rs. 7 crores of projects from capital work in progress, with 58% of the capex program in process or completed. Vriddhi Council strategic projects delivered gains and savings worth Rs. 17 crores. The company implemented clean audit review actions, new ERP controls, and compliance software while improving Internal Financial Controls scores.