Tirupati Forge Limited — Important, 11-08-2025: Updates

Tirupati Forge reported strong Q1FY26 results: Total Income rose 17.9% to ₹32.9 Cr, EBITDA by 21.9% to ₹4.30 Cr, and PAT by 8.5% to ₹1.41 Cr, fueled by overseas demand despite market headwinds. The company commissioned a solar plant for efficiency gains. Strategically, Tirupati is diversifying its product portfolio and entering the high-growth defense sector. Civil works for the new defense manufacturing facility target March 2026 completion, positioning the company to capitalize on significant defense spending like the INR 6.8 lakh crore allocation.