MM Forgings
476.15
-12.55(-2.57%)
Market Cap₹2,298.93 Cr
PE Ratio27.22
IndustryAutomobiles
Company Performance:
1D-2.57%
1M+9.90%
6M+54.34%
1Y+28.83%
5Y+102.92%
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More news about MM Forgings
06Aug 25
MM Forgings Reports Q1 Results: Revenue Dips Amid Challenging Global Economic Conditions
MM Forgings Limited announced Q1 financial results showing a decline in revenue and profit. Standalone revenue decreased 6.3% to ₹341.37 crore, while profit after tax fell 31.1% to ₹22.34 crore. Export sales contributed 40.2% of overall sales at ₹137.00 crore. The commercial vehicle segment dominated sales at 52.6%. Despite challenges, the company maintained a strong EBITDA of ₹71.64 crore. Management cited global economic volatility, geopolitical dynamics, and softer demand in the Indian automotive industry as key factors affecting performance.
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MM Forgings
476.15
-12.55
(-2.57%)
1 Year Returns:+28.83%
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