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News Details

( As on 18/08/2026 20:13)

Happy Forgings Q1 net profit up 39.23% at Rs 91.46 cr

The company reported standalone net profit of Rs 91.46 crore for the quarter ended June 30, 2026 as compared to Rs 65.69 crore in the same period last year, registering a year-on-year growth of 39.23 per cent.

Net revenue of the company rose substantially by 27.03 per cent at Rs 449.42 crore in April-June quarter of this fiscal as against Rs 353.80 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 22.13 per cent to Rs 308.57 crore from Rs 252.65 crore in year ago period.

Other Income grew by 7.05 per cent at Rs 11.08 crore versus (Jun'25 Rs 10.35 crore).

Operating Profit surged by 39.25 per cent to Rs 140.85 crore as against Rs 101.15 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.62 per cent in June quarter.

Interest grew by 33.04 per cent y-o-y to Rs 3.06 crore, while Taxation increased by 35.80 per cent at Rs 31.18 crore (Jun'25 Rs 22.96 crore).