Happy Forgings Limited Reports Q1 Results for June 30, 2026; Total Income Reaches 46,050.59 Rs. lacs
Happy Forgings Limited released its unaudited financial results for the quarter ending June 30, 2026 (Q1FY28), showing a total income of 46,050.59 Rs. lacs both on a standalone and consolidated basis. The company reported a net profit for the period/year (E=C-D) of 9,146.34 in the standalone results.The company manufactures "Auto components and Engineering parts," and management reviewed its performance as a single operating segment.
Financial Highlights: Standalone Results
For the quarter ending June 30, 2026 (unaudited), Happy Forgings reported key figures including:- Revenue from operations: 44,942.23 Rs. lacs
- Total Income (A): 46,050.59 Rs. lacs
- Profit before tax (C=A-B): 12,263.88 Rs. lacs
- Total Tax expense (D): 3,117.54 Rs. lacs
- Profit for the period: 9,146.34 Rs. lacs
- Earnings per share (EPS) Basic: 9.70 Rs.
The results were compared against March 31, 2026 (audited), where revenue from operations stood at 42,383.97 Rs. lacs and profit for the period was 8,356.43 Rs. lacs. For the year ended March 31, 2026, total income reached 1,57,714.99 Rs. lacs, while net profit for the year was 30,163.97 Rs. lacs.
Consolidated Financial Performance
The consolidated results, covering Happy Forgings Limited and its subsidiary HFL Technologies Private Limited, reflected similar income figures:| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 44,942.23 | 42,383.97 | 35,380.34 | 1,54,633.56 |
| Total Income (A) | 46,050.59 | 42,988.72 | 36,415.49 | 1,57,714.99 |
| Profit for the period/year (E=C-D) | 9,146.34 | 8,356.43 | 6,569.02 | 30,163.97 |
Cost and Expense Structure
Expenditures included cost of raw materials and components consumed at 18,780.04 Rs. lacs for the quarter ending June 30, 2026. Employee benefits expense was reported at 3,869.63 Rs. lacs, while depreciation and amortisation expense amounted to 2,623.66 Rs. lacs in the current quarter.Equity and Share Capital Details
The company's paid-up equity share capital stood at 1,887.57 Rs. lacs for the quarter ended June 30, 2026 (face value of Rs. 2/- per share). Other equity was recorded at 15,967 Rs. lacs in the standalone results and 16,975 Rs. lacs in the consolidated figures.The status of stock options under the "HAPPY FORGINGS ESOP SCHEME 2023" across the periods presented is as follows:
| Particulars | June 30, 2026 (Unaudited) | March 31, 2026 (Audited) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Options Forfeited | Nil | Nil | 2,544 | 2,544 |
| Options Exercised | 28,273 | 22,540 | 43,811 | 1,08,261 |
HAPPYFORGE Stock Price Movement
Shares of Happy Forgings Limited shed ₹15.20, registering a decline of 0.89% as they trade at ₹1684 during the afternoon session, which is live at 3:09 PM. The equity moves within a considerable intraday range and sees volume topping 201,976 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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