Amforge Industries Reports Q1 FY2025-26 Loss Amid Revenue Decline; Appoints New Auditors Aug 11, 2025
Amforge Industries, a Mumbai-based industrial manufacturer, reported a net loss of Rs. 8.17 lakhs for Q1 FY2025-26, compared to a profit of Rs. 12.20 lakhs in the same quarter last year. Total income decreased by 23.8% to Rs. 49.57 lakhs. The company appointed M/s. J. Singh & Associates as Internal Auditors and M/s Hemanshu Kapadia & Associates as Secretarial Auditors for FY2025-26. Mr. Ajit Pandurang Walwaikar was re-appointed as a Non-Executive Independent Director for a five-year term, subject to shareholder approval. The 53rd Annual General Meeting is scheduled for September 18, 2025.