Maiden Forgings Ltd — Important, 02-06-2026: Company Update
02-06-2026 | 10:54 am
02-06-2026 | 10:54 am
Maiden Forgings (MFL) reported robust H2 FY26 financial results, with net profit surging 46.37% YoY to ₹2.93 Cr on revenues of ₹122.60 Cr. Full-year FY26 saw revenue reach ₹233.96 Cr and net profit at ₹5.02 Cr, driven by record production. MFL strengthened its defense footprint by securing CEMILAC and OFB Muradnagar registrations, also landing its first B2G order from HAL. Strategic land acquisition for plant consolidation targets enhanced operational efficiency, supporting future expansion and sustainability efforts.
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