Forbes Precision Tools & Machine Parts has received credit ratings from Infomerics Valuation and Rating as under:Long term bank facilities (Rs 4.46 crore) - IVR BBB; Stable (assigned) Proposed long term bank facilities (Rs 40.54 crore) - IVR BBB; Stable (assigned) Proposed short term bank facilities (Rs 10 crore) - IVR A3+ (assigned)Powered by Capital Market - Live News

Net profit of Forbes Precision Tools & Machine Parts rose 2.94% to Rs 7.35 crore in the quarter ended September 2024 as against Rs 7.14 crore during the previous quarter ended September 2023. Sales rose 5.67% to Rs 57.54 crore in the quarter ended September 2024 as against Rs 54.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales57.5454.45 6 OPM %19.9922.48 - PBDT13.3512.44 7 PBT9.969.57 4 NP7.357.14 3 Powered by Capital Market - Live News

Forbes Precision Tools&Machine Parts will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live News

Net profit of Forbes Precision Tools & Machine Parts declined 5.66% to Rs 4.83 crore in the quarter ended June 2024 as against Rs 5.12 crore during the previous quarter ended June 2023. Sales rose 8.67% to Rs 51.77 crore in the quarter ended June 2024 as against Rs 47.64 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales51.7747.64 9 OPM %18.7217.36 - PBDT9.658.04 20 PBT6.515.12 27 NP4.835.12 -6 Powered by Capital Market - Live News

Forbes Precision Tools&Machine Parts will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live News