Happy Forgings Limited — Updates, 07-02-2025: Press Release

Happy Forgings Limited reported a 3.6% increase in revenue from operations to INR 354 Cr for the quarter, driven by stronger realizations and growth in the Industrials and Passenger Vehicles segments. Gross profit rose by 8.3% to INR 205 Cr, with margin expansion of 249 bps, while EBITDA reached INR 101 Cr, reflecting a 6.6% year-on-year growth. Profit After Tax (PAT) was INR 65 Cr, marking an 11.5% increase with a margin of 18.2%.

For the nine months ending December, revenue was up 4.1% at INR 1,057 Cr, with PAT growth at 12.7% to INR 200 Cr. The company is focused on a long-term growth strategy, announcing a ₹650 Cr investment to enhance forging capabilities, which will support growth in the Industrials and Exports segments. With improved operational efficiencies and targeted investments, the outlook remains positive for Happy Forgings, suggesting potential for continued growth.