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

Happy Forgings' Board has approved its Q1 FY25 consolidated financial results. Revenue hit ₹353.80 Cr, with profit at ₹61.07 Cr (down slightly from ₹63.86 Cr YoY). Basic EPS was ₹6.97. The company appointed SCV & Co. LLP and KPMG Assurance and Consulting Services LLP as its Internal Auditors for FY25-26. A notable update: ₹76.47 Cr of IPO funds, allocated for equipment, remain unutilized and are currently parked in fixed deposits.