MM Forgings Q2 results 2026: profit Rs 41.75 crore

MM Forgings reported consolidated total income of Rs 550.47 crore and profit after tax of Rs 41.75 crore for the September quarter.

Published 10 November 2026 · Potoos Research Services

What MM Forgings reported

MM Forgings reported consolidated profit after tax of Rs 41.75 crore for the quarter ended 30 September 2026. The year-earlier quarter had profit of Rs 18.47 crore. Consolidated means the company and its included group entities taken together.

The newspaper results extract shows total income of Rs 550.47 crore, compared with Rs 389.28 crore a year earlier. The full financial statement presents revenue and other income separately before its total-income row. The table below uses that total, as displayed in the newspaper extract. Read the numerical results extract.

All figures above use the consolidated quarter columns. Profit before tax is the amount before the tax charge. Profit after tax is the amount after that charge. The statement is labelled unaudited, meaning it is not presented as fully audited accounts.

What the exceptional-item row says

Exceptional items are gains or costs shown separately in the statement. For the September 2026 quarter, profit before tax is Rs 60.56 crore both before and after exceptional items. The full financial statement shows a dash in the quarter's exceptional-item row.

The full statement describes its exceptional item as profit on sale of land. It was Rs 64.29 crore (Rs 6,428.80 lakh) and was booked in the quarter ended 30 June 2026 (note 4), so it is part of the half-year profit but not of the September quarter. This makes the period headings important when reading the document. See the full consolidated statement, page 8, rows 5 to 7.

Quarter figures and half-year figures

Q2 means the second quarter. The filing also reports the half year ended 30 September 2026. Its newspaper extract shows consolidated total income of Rs 978.45 crore and profit after tax of Rs 134.83 crore for that longer period.

Standalone accounts show the company on its own. The standalone quarter figures in the same extract are total income of Rs 550.96 crore and profit after tax of Rs 45.89 crore. The main comparison on this page uses consolidated figures throughout. Standalone profit is higher than consolidated profit this quarter, and the filing does not explain the difference.

Consolidated profit after tax more than doubled (up about 126%), while total income rose about 41%. The filing does not state a reason for that gap. Note 3 of the filing says a wholly owned subsidiary, D V S Industries Private Limited, was merged into the company from 1 April 2024 under a tribunal order dated 29 June 2026, and that figures for current and earlier periods have been restated. So the year-earlier numbers here are the restated ones. See page 8, note 3.

The full statement uses rupees lakh, while the newspaper extract uses rupees crore. The figures on this page follow the newspaper extract's unit and rounding. Check the units and separate period columns.

The dates behind this week's filing

The board approved the results on 5 November 2026. The numerical extract appeared in Businessline on 7 November. The later newspaper filing in the National Stock Exchange of India (NSE) feed was recorded on 9 November at 13:01:55 IST. It republishes those earlier results. Read the original board outcome and the NSE announcement record.

Sources

• MM Forgings numerical newspaper extract, later filing. 2026-11-09. PDF page 2, Businessline printed page 7; MM Forgings table
• MM Forgings original board outcome and financial statements. 2026-11-05. PDF page 1; page 8 consolidated statement and notes
• NSE announcement feed for 9 November 2026. 2026-11-09. MMFL record with later attachment, an_dt 09-Nov-2026 13:01:55

Sources checked on 9 November 2026. Information cutoff: 9 November 2026, 13:40 IST

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