Forge Auto International Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 05:35 pm
30-05-2025 | 05:35 pm
Forge Auto International has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year. Revenue rose to Rs 209.89 Cr from Rs 169.42 Cr last year, with profit before tax climbing to Rs 13.20 Cr versus Rs 8.95 Cr. The company utilized Rs 31.10 Cr of its IPO proceeds mainly for working capital, loan repayment, and corporate purposes, with Rs 1.83 Cr still left. New appointments include Harsh Goyal & Associates as Secretarial Auditors and Harpriya Garg & Associates as Internal Auditors for FY 25-26. Expansion in forging capabilities continues.
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