Amic Forging Ltd — Updates, 31-05-2025: Company Update

Amic Forging Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company corrected a prior error, confirming its machining capacity at 700 MT per month instead of per year. Operational performance remained strong with revenue slightly down due to delayed purchased items, yet profit before tax from operations rose 62% year-over-year to Rs. 24.72 Cr. Strategic capital expenditure focused on backward integration, including setting up in-house ingot manufacturing and expanding forging capacity with a new electro-hydraulic furnace, increasing single-component forging capacity from 5 to 8 tonnes. These investments aim to improve efficiency and support planned triple-digit growth in coming years.