Amforge Industries has announced its unaudited financial results for the second quarter and half year ended September 30, 2025, showing a turnaround in profitability compared to the previous quarter.

Key Financial Highlights

All figures in ₹ lakhs, except EPS

Financial Performance Analysis

Amforge Industries has shown a notable improvement in its financial performance for the second quarter of FY2026. The company reported a net profit of ₹2.98 lakhs, successfully reversing the loss of ₹4.17 lakhs incurred in the previous quarter. This turnaround indicates a positive shift in the company's operational efficiency and financial management.

The total income for Q2 FY2026 stood at ₹52.90 lakhs, primarily derived from other income sources. The company managed to keep its expenses in check, with total expenses amounting to ₹49.74 lakhs for the quarter.

Half-Yearly Performance

For the half-year period ended September 30, 2025, Amforge Industries reported a marginal loss of ₹1.19 lakhs. This represents a significant change from the profit of ₹25.08 lakhs recorded in the corresponding period of the previous fiscal year. The shift from profit to loss on a half-yearly basis suggests that the company faced some challenges in the first quarter of FY2026, which it has begun to overcome in the second quarter.

Balance Sheet Snapshot

As of September 30, 2025, Amforge Industries reported:

• Total Assets: ₹1,678.00 lakhs
• Total Equity: ₹1,322.46 lakhs

These figures provide insight into the company's financial position, indicating a substantial equity base relative to its total assets.

Corporate Governance

The Board of Directors of Amforge Industries approved these financial results in their meeting held on November 11, 2025. The meeting, which began at 3:00 PM, concluded at 7:30 PM, demonstrating the board's thorough review and discussion of the company's financial performance.

Investor Implications

The return to profitability in Q2 FY2026 may be seen as a positive sign for investors, potentially indicating improved operational efficiency and effective cost management. However, the overall half-yearly loss suggests that the company is still navigating through some financial challenges.

Investors and market analysts will likely be watching closely to see if Amforge Industries can maintain this positive momentum in the coming quarters and address the factors that led to the half-yearly loss.

Amforge Industries , a Mumbai-based industrial manufacturing company, has reported a net loss for the first quarter of the fiscal year 2025-26, alongside making key appointments in its auditing team.

Financial Performance

Amforge Industries announced a net loss of Rs. 8.17 lakhs for Q1 FY2025-26, marking a significant downturn from the Rs. 12.20 lakhs net profit recorded in the same quarter of the previous year. The company's financial results, approved by the Board of Directors on August 11, 2025, revealed several key points:

• Total income decreased by 23.8% to Rs. 49.57 lakhs, down from Rs. 65.06 lakhs year-on-year.
• Total expenses increased by 5.7% to Rs. 51.53 lakhs.
• The company recorded a loss before tax of Rs. 1.96 lakhs.

The financial statement also highlighted the company's balance sheet position:

Key Appointments and Corporate Actions

In the same board meeting, Amforge Industries made several significant appointments:

1. Internal Auditors: M/s. J. Singh & Associates, Chartered Accountants (FRN: 110266W), were appointed as Internal Auditors for the financial year 2025-26. The firm, established in 1978, brings extensive experience in various auditing roles.

2. Secretarial Auditors: M/s Hemanshu Kapadia & Associates, Practicing Company Secretaries (CP No. 2285, Mem No. F3477, PR No.: 1620/2021), were appointed for the financial year 2025-26. Led by Mr. Hemanshu Kapadia, the firm has three decades of experience in company law and secretarial matters.

3. Re-appointment of Independent Director: Mr. Ajit Pandurang Walwaikar (DIN: 00022123) was re-appointed as a Non-Executive Independent Director for a second term of five years, from November 11, 2025, to November 10, 2030, subject to shareholder approval.

Other Corporate Updates

• The company scheduled its 53rd Annual General Meeting for September 18, 2025, to be held through Audio Visual Means.
• The Board approved the Board's Report along with its Annexures for the financial year 2024-25.

These developments come at a challenging time for Amforge Industries, as it navigates through a period of reduced revenue and profitability. The appointment of experienced auditors and the re-appointment of a seasoned independent director may be seen as steps towards strengthening corporate governance and financial oversight during this period.

Investors and stakeholders will be watching closely to see how these changes might impact the company's performance in the coming quarters.