Happy Forgings Ltd reports Q2 FY27 consolidated net profit of ₹97.5 crore and approves ₹500 crore capacity capex
- Consolidated revenue was ₹500.7 crore, up 32.7% year on year and 11.4% sequentially; EBIT margin was approximately 25.0%.
- Net profit rose 32.8% year on year and 6.6% sequentially.
- Capex will add ~24,000 MT/year of forging and ~14,000 MT/year of machining capacity in phases during FY28–FY29.
- Board approved unaudited results for the quarter and half year ended 30 September 2026; limited reviews reported no qualification.