ALPHA TRIBE

Kalyani Forge LimitedResults, 11-02-2025: Integrated Filing- Financial

11-02-2025 | 05:15 pm

Kalyani Forge Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The results indicate a profit after tax of ₹39.23 crore, compared to ₹15.12 crore in the corresponding period. Total revenue for the nine months reached ₹558.71 crore, showcasing a considerable increase, signaling operational growth. However, the company is in the process of updating its stock valuation procedures, posing potential risks related to inventory management. This could influence investor sentiment as it reflects management's ongoing efforts to refine financial controls, contributing to a positive outlook in the long term.

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