Krishanveer Forge Limited , a leading manufacturer of forgings, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company reported a decline in both revenue and profit for Q2 FY2026 compared to the previous quarter.

Key Financial Highlights for Q2 FY2026

Half-Year Performance

For the half-year period ended September 30, 2025, Krishanveer Forge reported:

• Total revenue of Rs 4,462.49 crore
• Net profit of Rs 386.34 crore

Balance Sheet Strength

The company's total assets increased to Rs 6,279.47 crore as of September 30, 2025, up from Rs 5,553.56 crore in March 2025, indicating a growth of 13.1% over the six-month period.

Operational Performance

The cost of materials consumed decreased to Rs 882.50 crore in Q2 FY2026 from Rs 1,212.62 crore in Q1 FY2026, suggesting potential improvements in raw material costs or inventory management. However, this reduction did not fully offset the decline in revenue.

Management Approval

The Board of Directors of Krishanveer Forge Limited approved these results at their meeting held on November 12, 2025. The financial statements have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the requirements of SEBI regulations.

Auditor's Review

Gokhale, Tanksale & Ghatpande, Chartered Accountants, conducted a limited review of the financial results as required under SEBI regulations. They expressed an unmodified opinion on the results, indicating no significant concerns were raised during their review.

Segment Reporting

Krishanveer Forge Limited operates in a single segment of manufacturing forgings, as per the company's statement in compliance with IND-AS 108.

While the company has faced some challenges in the second quarter, the increase in total assets suggests ongoing investments in the business.

Krishnaveer Forge Limited has announced its unaudited financial results for the first quarter of the fiscal year 2025-26, ending June 30, 2025. The company has also scheduled its 35th Annual General Meeting (AGM) for September 19, 2025.

Q1 FY26 Financial Highlights

• Revenue from operations stood at Rs 2,364.31 lakhs, compared to Rs 2,476.57 lakhs in the same quarter last year, marking a slight decrease of 4.53%.
• Net profit increased to Rs 207.09 lakhs, up from Rs 174.98 lakhs in Q1 FY25, showing a growth of 18.35%.
• Earnings per share (EPS) improved to Rs 1.89, compared to Rs 1.60 in the corresponding quarter of the previous year.

Key Financial Metrics

Despite a slight dip in revenue, Krishnaveer Forge has managed to improve its profitability, as reflected in the increased net profit and EPS figures.

Annual General Meeting and Dividend

The Board of Directors has scheduled the 35th Annual General Meeting for September 19, 2025, to be held via video conferencing at 11:30 AM. Key dates related to the AGM and dividend are as follows:

• Record Date for Dividend Entitlement: September 12, 2025
• Book Closure: September 13-19, 2025 (both days inclusive)
• Remote E-voting Period: September 16-18, 2025

The Board has recommended a final dividend of Rs 2.50 per equity share of Rs 10 each for the financial year 2024-25, subject to shareholders' approval at the AGM.

Other Notable Points

• M/s. Satish & Satish, Practicing Company Secretaries, Pune, has been appointed as the scrutinizer for the e-voting process.
• The company has revised its Code of Fair Disclosure of Unpublished Price Sensitive Information (UPSI), which was approved by the Board on August 13, 2025.

Investors and stakeholders can access the detailed financial results on the BSE website and the company's official website at www.kvforge.com .

Krishnaveer Forge Limited continues to focus on its core business of manufacturing forgings, with no separate reportable segment as per IND-AS 108 specified under Section 133 of the Companies Act, 2013.