Latest news about Garg Furnace
Garg Furnace
171.55
+21.45(+14.29%)
Company Performance:
View Company Insights1D+14.29%
1M+35.19%
6M+15.99%
1Y-1.83%
5Y0.00%
More news about Garg Furnace
03Jun 26
Garg Furnace reports 34.8% rise in FY26 consolidated net profit
Garg Furnace reported a 34.8% increase in consolidated net profit to ₹1,059.01 lakh for FY26, with revenue rising to ₹29,460.97 lakh. Standalone net profit grew to ₹1,029.27 lakh. The board approved the audited results on May 30, 2026, and the statutory auditors issued an unmodified opinion.
15Apr 26
Garg Furnace Limited Declares Non-Applicability of Large Corporate Framework as on March 31, 2026
Garg Furnace Limited has declared its non-applicability under SEBI's Large Corporate Framework as on March 31, 2026. The company submitted this declaration to BSE Limited on April 14, 2026, in compliance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 regarding fund raising by large entities through debt securities. Managing Director Devinder Garg confirmed that the company does not meet the criteria for Large Corporate classification under the regulatory framework.
14Apr 26
Garg Furnace Limited Submits RTA Confirmation Certificate for Quarter Ended 31.03.2026
Garg Furnace Limited submitted confirmation certificate from RTA Skyline Financial Services for quarter ended 31.03.2026 under SEBI Depositories Regulations 74(5). The submission made on April 14, 2026, confirms compliance with dematerialization procedures for physical share certificates. Managing Director Devinder Garg made the regulatory submission to BSE Limited, ensuring adherence to depository operation standards.
20Feb 26
Multiple Companies Announce Q3FY26 Unaudited Financial Results Through Regulatory Publications
Several companies including Kohinoor Foods, Plaza Wires, Blue Jet Healthcare, Likitha Infrastructure and others published their Q3FY26 unaudited financial results through regulatory newspaper advertisements as mandated under SEBI regulations, showing mixed performance across food, infrastructure, healthcare and manufacturing sectors.
21Nov 25
Garg Furnace Reports Strong Q2 Performance with Focus on Value-Added Steel
Garg Furnace Limited announced robust Q2 financial results, with revenue up 2.04% QoQ to ₹6,138.43 lakh, operating profit up 111.5% QoQ to ₹3.11 crore, and net profit up 119.5% QoQ to ₹274.19 lakh. The company attributes its success to a focus on value-added steel, chemistry-led product innovation, and disciplined cost control. Garg Furnace is expanding into alloy steel production through its subsidiary Vaneera Industries Ltd., aiming to enhance its product mix and long-term profitability.
14Aug 25
Garg Furnace Reports Q1 Profit Dip, Appoints New Independent Director
Garg Furnace Limited announced Q1 FY24 results with revenue of ₹6,015.31 lakh, down 3.49% YoY. Net profit decreased to ₹124.88 lakh from ₹156.37 lakh. EPS stood at ₹2.49. The company appointed Mrs. Mehak Jain as Additional Director and accepted Ms. Purti Katyal's resignation. The 52nd AGM is scheduled for September 15, with material related party transactions approval and other key decisions made.
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