MM Forgings announced that the 78th Annual General Meeting (AGM) of the company will be held on 8 July 2024.Powered by Capital Market - Live News

MM Forgings announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the interim dividend of Rs 8 per equity Share (i.e. 80%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of M M Forgings at its meeting held on 29 May 2024 has recommended issue of bonus shares in ratio of 1:1. Powered by Capital Market - Live News

Net profit of M M Forgings rose 19.52% to Rs 36.80 crore in the quarter ended March 2024 as against Rs 30.79 crore during the previous quarter ended March 2023. Sales rose 2.43% to Rs 396.84 crore in the quarter ended March 2024 as against Rs 387.42 crore during the previous quarter ended March 2023.For the full year,net profit rose 5.35% to Rs 134.80 crore in the year ended March 2024 as against Rs 127.95 crore during the previous year ended March 2023. Sales rose 6.87% to Rs 1547.12 crore in the year ended March 2024 as against Rs 1447.71 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales396.84387.42 2 1547.121447.71 7 OPM %19.5417.95 -18.9318.85 - PBDT70.0266.99 5 270.76255.33 6 PBT49.8146.48 7 187.95176.51 6 NP36.8030.79 20 134.80127.95 5 Powered by Capital Market - Live News

MM Forgings will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News