Latest news about Forbes & Company
Forbes & Company
269.05
-2.95(-1.08%)
Company Performance:
View Company Insights1D-1.08%
1M-6.16%
6M-23.59%
1Y-36.16%
5Y+186.50%
More news about Forbes & Company
30Jan 26
Forbes & Company Q3FY26 Results: Net Profit Declines 66% YoY to ₹284 Lakhs Amid Revenue Drop
Forbes & Company Limited reported disappointing Q3FY26 results with net profit declining 66% year-on-year to ₹284 lakhs from ₹840 lakhs in Q3FY25. Revenue from operations dropped significantly by 58% to ₹1,650 lakhs compared to ₹3,904 lakhs in the previous year quarter. The decline was primarily driven by the real estate segment, which saw revenue fall to ₹729 lakhs from ₹3,165 lakhs, while the coding and industrial automation segment showed growth to ₹921 lakhs from ₹739 lakhs. The company announced key leadership changes including the resignation of Company Secretary Pritesh Jhaveri and Interim CFO Pavan Somani, while appointing Jagannath Govale as the new Chief Financial Officer effective April 08, 2026.
23Jan 26
Forbes & Company Limited Schedules Board Meeting for Q3 FY26 Financial Results on January 30, 2026
Forbes & Company Limited has announced a Board of Directors meeting scheduled for January 30, 2026, to approve unaudited standalone and consolidated financial results for Q3 FY26 and the nine months period ended December 31, 2025. The notification was submitted to BSE Limited on January 23, 2026, in compliance with SEBI Regulation 29. The company maintains its trading window closure until 48 hours after results become publicly available, as previously communicated on December 26, 2025.
31Dec 25
Forbes & Company Limited Receives CRISIL BBB- Corporate Credit Rating with Stable Outlook
Forbes & Company Limited announced receiving a CRISIL BBB- corporate credit rating with stable outlook from CRISIL Ratings Limited. The rating assignment occurred on December 30, 2025, and was disclosed to BSE Limited on December 31, 2025, in compliance with SEBI listing regulations.
07Nov 25
Forbes & Company Reports Mixed Q2 Results with Real Estate Segment Driving Revenue
Forbes & Company Limited reported Q2 FY2026 total revenue of Rs. 2,381.00 lakhs, down from Rs. 2,585.00 lakhs in Q1. Real Estate segment emerged as a key revenue driver, contributing Rs. 967.00 lakhs. Profit after tax increased to Rs. 604.00 lakhs from Rs. 397.00 lakhs in Q1. The company recognized significant revenue from its real estate project and noted steady contribution from its Coding and Industrial Automation segment. Forbes Bradma Optimark Private Limited became a wholly-owned subsidiary, while challenges persist with Forbes Technosys Limited.
26Sept 25
Forbes & Company Faces Rs 8.19 Crore Income Tax Penalty, Plans Appeal
Forbes & Company Limited has received an Income Tax penalty order of Rs 8.19 crore for the Assessment Year 2013-14. The company is contesting the order, calling it 'entirely erroneous' and resulting from misinterpretation of facts. The penalty was imposed for allegedly providing inaccurate income particulars. Forbes & Company is filing a rectification application and initiating an appeal, confident in its strong case. The company does not anticipate any material impact on its operations or finances.
06Aug 25
Forbes & Company Limited Unveils Q1 FY26 Results and Ambitious Thane Real Estate Project
Forbes & Company Limited announced its Q1 FY26 unaudited financial results and plans for a new real estate development in Thane, Maharashtra. The company will develop a 10,671 square meter plot into an IT Park with retail, commercial, hospitality, and office spaces under the IT/ITeS policy framework, subject to necessary approvals. The Board meeting, held on August 6, 2025, approved these developments in compliance with SEBI regulations.
31Mar 25
Forbes & Company to Acquire Full Ownership of Joint Venture with Macsa ID
Forbes & Company Limited (FCL) plans to acquire the remaining 50% stake in Forbes Macsa Private Limited (FMPL) from Spanish partner Macsa ID, SA. The acquisition, approved by FCL's Board on March 31, 2025, will make FMPL a wholly-owned subsidiary. FCL will purchase 1,000,000 equity shares and 1,500,000 preference shares, each at INR 10. The transaction, expected to complete by March 31, 2025, aims to strengthen FCL's position in the marking and coding solutions market. FMPL, incorporated in 2022, specializes in permanent marking and coding solutions with a diverse laser product portfolio.
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