MM Forgings Limited — Important, 24-05-2025: General Updates

MM Forgings has announced a board meeting on the financial results for the quarter and half-year. The company sustained ₹1,500 Cr+ revenue for the second year with a 3% rise in operating EBITDA to ₹324 Cr. Export sales grew to ₹563 Cr, 39% of total sales. It invested ₹375 Cr in fixed assets to fuel growth. Despite auto sector pressures, MMF’s new products, cost control, and SAP S/4 HANA upgrade are driving operational efficiency and positioning it well for FY26 expansion.