Forbes Precision Tools and Machine Parts Ltd — Updates, 24-04-2025: Company Update
The Board of Directors of Forbes Precision Tools and Machine Parts Limited has approved the annual audited financial results for the quarter and year ended March 31, 2025, which report a total income of ₹23,704 crore and a profit after tax of ₹2,849 crore. An interim dividend of ₹5 per equity share has been declared, with May 2, 2025, set as the record date for eligible shareholders. Additionally, Makarand M. Joshi & Co. has been appointed as secretarial auditors for a five-year term starting FY 2025-26, pending shareholder approval. This announcement signals solid financial performance and governance, likely boosting investor confidence. However, the ongoing regulatory compliance landscape remains a potential risk.
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