Amic Forging Ltd — Updates, 30-05-2025: Company Update

Amic Forging Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company reported strong operational performance with a 62% increase in profit before tax from operations to Rs. 24.72 Cr in FY 2024-25, despite delays in dispatch due to bearing supply issues. Other income from rent, interest, and share sales contributed to financial stability. Significant capital expenditure focused on backward integration and capacity expansion includes starting in-house ingot manufacturing and installing an advanced electro-hydraulic furnace, increasing forging capacity from 5 to 8 tonnes per component. These strategic investments aim to improve product quality, operational efficiency, and enable three-digit growth in the next 2-3 years.