Amforge Industries Limited reported a net loss of ₹40.31 lakh for the financial year ended March 31, 2026, reversing from a net profit of ₹47.26 lakh in the prior year. The company recorded no revenue from operations for the year, while total income decreased to ₹253.72 lakh from ₹272.99 lakh in FY25. For the quarter ended March 31, 2026, the net loss widened to ₹48.08 lakh from a profit of ₹20.91 lakh in the corresponding period of the previous year.

The Board of Directors approved the audited financial results for the fourth quarter and financial year ended March 31, 2026, during a meeting held on May 28, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board. Statutory auditors M/s. Banka & Banka issued an audit report with an unmodified opinion on the financial results.

Total expenses for FY26 rose to ₹288.92 lakh from ₹209.68 lakh in the previous year. Employee benefit expenses increased to ₹48.15 lakh from ₹32.35 lakh, while other expenses surged to ₹193.62 lakh from ₹107.85 lakh. Finance costs decreased to ₹19.11 lakh from ₹24.06 lakh, and depreciation and amortisation costs reduced to ₹28.04 lakh from ₹45.42 lakh.

The basic and diluted earnings per share (EPS) for FY26 stood at a loss of ₹0.28 per share, compared to an EPS of ₹0.33 in the previous year. For the quarter ended March 31, 2026, the EPS was a loss of ₹0.33 per share. The company’s total assets stood at ₹1,845.65 lakh as of March 31, 2026, up from ₹1,705.10 lakh a year earlier.

Financial Results for FY26

Quarterly Performance

The company stated there are no reportable segments, and therefore, segment information is not provided in the context of Ind AS-108. The financial results will be available on the company's website and the Bombay Stock Exchange.

Amforge Industries Limited has announced that its board meeting is scheduled to be held on Thursday, May 28, 2026. The meeting will take place at the company's registered office in Mumbai to discuss and approve key financial documents for the period ended March 31, 2026.

Agenda for the Board Meeting

The primary agenda for the upcoming board meeting includes the consideration and approval of the annual audited financial statements. This encompasses the balance sheet as of March 31, 2026, and the statement of profit and loss for the financial year ended on that date. Additionally, the board will review the cash flow statement, accompanying notes, and the auditor's report issued by the statutory auditors.

Furthermore, the directors are set to approve the audited financial results for the fourth quarter and the entire financial year ended March 31, 2026. This approval will include the statement of assets and liabilities and the cash flow statement as prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed its trading window. The closure period began on April 1, 2026, and will remain in effect until 48 hours after the announcement of the audited financial results. Consequently, the trading window will stay closed from April 1, 2026, to May 30, 2026, inclusive.

Key Meeting Details