LGB Forge Ltd — Results, 07-05-2025: Result

LGB Forge Limited has announced a board meeting that approved the financial results for the quarter and half-year ended March 31, 2025, reporting a net loss of ₹12.25 Cr for the year, an improvement from a loss of ₹56.23 Cr in the previous year. The company recognized a gain of ₹2.15 Cr from the sale of its Pondy division and commenced operations at a new hot forging plant from January 2025. The board approved the re-appointment of Managing Director Rajsri Vijayakumar and Whole-Time Director A. Sampath Kumar, both subject to shareholder approval. M/s. P. Eswaramoorthy and Company has been recommended as Secretarial Auditors for five years. The company confirmed it does not qualify as a large corporate for FY25.