Happy Forgings will hold a meeting of the Board of Directors of the Company on 17 May 2025.Powered by Capital Market - Live News

Happy Forgings has allotted 17,375 equity shares under ESOS on 12 February 2025. The Paid-up Share Capital of the Company will accordingly increase from Rs.18,84,49,650 (9,42,24,825 equity shares of Rs.2/- each) to Rs. 18,84,84,400 ( 9,42,42,200 equity shares of Rs. 2/-each).Powered by Capital Market - Live News

Happy Forgings has obtained an international order to supply heavy forged and precision-machined components weighing upto 1,000 Kgs for use in industrial and mining applications. The order entails annual committed volumes of Rs 95 crore with a peak annual revenue potential of Rs 160 crore. Testing and sampling is scheduled in 2027 and supplies are expected to commence in 2028 under the binding long-term supply contract. Powered by Capital Market - Live News

Net profit of Happy Forgings rose 11.49% to Rs 64.55 crore in the quarter ended December 2024 as against Rs 57.90 crore during the previous quarter ended December 2023. Sales rose 3.61% to Rs 354.32 crore in the quarter ended December 2024 as against Rs 341.99 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales354.32341.99 4 OPM %28.6427.83 - PBDT105.9394.73 12 PBT86.8277.67 12 NP64.5557.90 11 Powered by Capital Market - Live News

Happy Forgings will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live News