MM Forgings Limited (MMFL) — Announcement | 18 August 2026

MM Forgings Limited reported a 16% year-on-year revenue increase to ₹427.01 crore in Q1FY27, driven by strong export performance and operational improvements. EBITDA rose 16% to ₹82.33 crore, while PAT surged 373% to ₹91.66 crore, aided by a ₹56.25 crore land sale gain. The company highlighted progress in its transformation strategy, including scaling large machined-product programs and expanding in passenger vehicles and off-highway segments. Geographic revenue remained stable at 63% domestic and 37% export share, with export revenue growing significantly. The results reflect resilience amid global headwinds and support continued focus on sustainable growth and profitability.