M M Forgings (522241) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue rose YoY to ₹53,572.98 lakh standalone and ₹53,744.58 lakh consolidated; Q2 PAT was ₹4,589.30 lakh and ₹4,174.56 lakh, respectively.

• H1 FY27 results include a ₹6,428.80 lakh profit on land sale recorded in Q1; Q2 results contain no exceptional item.

• The Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026; auditors issued limited review reports with no material misstatement noted.

Financial highlights

• Standalone Q2 revenue was ₹53,572.98 lakh vs ₹37,675.73 lakh YoY; H1 revenue was ₹94,484.44 lakh vs ₹73,071.81 lakh.

• Consolidated Q2 revenue was ₹53,744.58 lakh vs ₹37,675.73 lakh YoY; H1 revenue was ₹94,759.57 lakh vs ₹73,203.62 lakh.

• Standalone Q2 PAT was ₹4,589.30 lakh vs ₹1,846.99 lakh YoY; H1 PAT was ₹13,744.87 lakh vs ₹3,797.28 lakh, including the Q1 land-sale gain.

• Consolidated Q2 PAT was ₹4,174.56 lakh vs ₹1,846.99 lakh YoY; H1 PAT was ₹13,482.57 lakh vs ₹3,637.47 lakh, including the Q1 land-sale gain.

• Q2 basic and diluted EPS: ₹9.51 standalone and ₹8.65 consolidated, vs ₹3.83 YoY for both bases.

Segment performance

• Operations are reported as one segment.