Happy Forgings Limited has announced robust financial results for the third quarter of fiscal year 2025, marking significant growth across key performance metrics. The company reported a revenue of Rs. 354 crore for Q3FY25, representing a 3.6% increase from Rs. 342 crore in the corresponding quarter of the previous year.
The company demonstrated substantial improvement in profitability, with gross profit rising to Rs. 205 crore, an 8.3% increase year-over-year. The gross profit margin expanded by 249 basis points to reach 58.0%, compared to 55.5% in Q3FY24, indicating enhanced operational efficiency.
EBITDA for the quarter stood at Rs. 101 crore, showing a 6.6% growth compared to Rs. 95 crore in the same period last year. The EBITDA margin improved by 80 basis points to 28.6%, reflecting effective cost management and operational leverage.
Net profit (PAT) saw a notable increase of 11.5% to Rs. 65 crore, compared to Rs. 58 crore in Q3FY24. The PAT margin expanded by 129 basis points to 18.2%, demonstrating the company’s ability to convert top-line growth into bottom-line performance.
For the first nine months of FY25, the company’s performance remained strong with revenue reaching Rs. 1,057 crore, a 4.1% increase from the previous year. The nine-month period also saw improved profitability metrics, with PAT growing by 12.7% to Rs. 200 crore and maintaining a healthy margin of 18.9%.
The company’s diluted earnings per share (EPS) for Q3FY25 stood at Rs. 6.84, while the nine-month EPS reached Rs. 21.18, indicating sustained value creation for shareholders.