Happy Forgings Limited — Board Meeting, 09-08-2025: Outcome of Board Meeting

Happy Forgings Limited's board has approved its consolidated financial results for the quarter ended June 30, 2025. The company reported a revenue of ₹353.80 Cr and a net profit of ₹65.69 Cr, with EPS at ₹6.97.

On the strategic front, the board appointed SCV & Co. LLP and KPMG Assurance and Consulting Services LLP as internal auditors for FY2025-26. An update on IPO fund utilization shows ₹76.47 Cr of the net proceeds remain unutilized, temporarily held in fixed deposits, as the company continues to deploy funds for plant and machinery purchases.