BSECompany Update20h ago · 9 Nov 2026, 12:47 pm
Submission of newspaper publication copies - Makkak Kural and Business Line newspapers on unaudited financial results for quarter and half year ended september 30, 2026
MM Forgings Ltd-$ · 522241
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MM Forgings Ltd-$ submitted unaudited financial results for quarter and half year ended September 30, 2026, published in Makkal Kural and Business Line newspapers.
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Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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MM Forgings Ltd-$ - 522241 - Announcement under Regulation 30 (LODR)-Newspaper Publication
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CIN: L51102TN1946PLCOO1473
PHONE: +91-44-71601000
GST: 33AAACM2164L1ZL
FAX: +91-44-7160 1010
Website: www.mmforgings.com
CORPORATE OFFICE: SVK TOWERS, 8TH FLOOR.
A25 INDUSTRIAL ESTATE, GUINDY, CHENNAI - 600032, INDIA.
8 November 2026
The Deputy General Manager National Stock Exchange of India Ltd
Corporate Relationship Department ‘Exchange Plaza’, Bandra – Kurla
Bombay Stock Exchange Limited, Complex,
Rotunda Building, P.J. Towers, Bandra (E), Mumbai – 400 051
First Floor, New Trading Wing, Dalal Scrip Code - MMFL
Street, MUMBAI –400 001
Scrip Code - 522241
Dear Sirs,
Sub.: Unaudited Financial Results for the quarter and half year ended 30 September, 2026 -
published.
The published audited financial results for the quarter and half year ended 30 Spetember 2026
is enclosed for your records, as per Regulation 47 of SEBI (LODR) Regulations, 2015. It was
published in:
1. Makkal Kural and
2. Business Line
Please take it on records.
Thanking you,
Yours faithfully,
For M M FORGINGS LIMITED
S Muthukrishnan
Company Secretary & Compliance Officer
Membership No. F 9420
CERTIFIED TO IATF 16949:2016 and ISO 9001:2015 STANDARDS
news bl
CHENNAI 7
businessline.
SATURDAY-NOVEMBER7-2026
Hindalco net up 59%; aims to cut Novelis’ debt-to-EBITDA to 2.5x
STRONG QUARTER.Revenue up 39% to ₹91,708 crore in second quarter; MD Satish Pai expects coal prices to go up 5% in the December quarter on higher demand, tighter supply
to ₹13,757 crore. Aluminium business model across up- downstream businesses, he ling, aluminium battery foil, EBITDA ratio down to 2.5x commitment that in Q4 the wego facility following the
Suresh P Iyengar sales were almost flat at 3.45 stream metals and down- added. “We expect coal Aditya FRP and Inner by FY31. The company ex- net debt-to-EBITDA will be fire. The company expects
Mumbai lakh tonnes but revenue in- stream value-added prices to increase further by Grooved Tubes will acceler- pects debt reduction to at four [times],” he said. incremental earnings and
creased 33 per cent to products. 5per cent in the December ate the share of non-LME- gather momentum from Q3 The completion of the Bay improved cash flows to
Hindalco Industries has re- ₹13,364 crore. EBITDA per While the aluminium up- quarter due to higher de- linked businesses, said Pai. as capex on major projects Minette project-related debt strengthen its balance sheet.
ported a net profit of ₹7,533 tonne was up at $2,125. stream business registering mand and tight supply. The nears completion, EBITDA commitments, coupled with Pai said the company’s di-
crore in the September 2026 an EBITDA growth of 55 per current coal inventory levels ‘REACHED THE PEAK’ improves and stronger free improving earnings and cash versified business model
quarter, up 59 per cent from COAL PRICES OUTLOOK cent, the non-LME-linked in the factory are low and the The company expects its cash flows are deployed to- generation, will aid the de- would also support its finan-
the ₹4,741 crore it posted in Satish Pai, MD, Hindalco In- businesses also recorded company has to buy the spot consolidated debt to have wards repayment. leveraging, Pai added. cial performance, with up-
the year-ago period, on the dustries, said despite high EBITDA growth of nearly 50 auction as the linkage supply peaked at about ₹80,000 Paisaid the company has The debt reduction plan stream aluminium, down-
back of better realisation. coal and calcined petroleum per cent, supported by stable was curtailed,” Pai said. crore and is preparing to em- more or less reached the comes after a period of sub- stream aluminium, copper
Revenue increased 39 per coke prices, the company has operations at Novelis and a Looking ahead, the com- bark on a sustained delever- peak now. “Debt will start stantial investments by Nov- and specialty alumina
cent to ₹91,708 crore, while delivered record profit on record quarter in the copper missioning and ramp-up of aging cycle, with a target to coming down from next elis in capacity expansion providing different earnings
EBITDA was up 42 per cent the back of an integrated downstream and aluminium Bay Minette, copper recyc- bring Novelis’ net debt-to- quarter. We have made a firm and the restoration of its Os- drivers.
MM FORGINGS LIMITED
GTLplans ₹3,500 cr capex,
eyes20% rise in pipeline Corporate Office: SVK Towers, 8m Floor, A25 Industrial Estate, Guindy, Chennai — 600 032. Phone: 91 44 71601000 | corporate@mmforgings.com | CIN: L51102TN1946PLC001473
Particulars (3m Crores) Standalone Consolidated
Quarter ended Half Year Ended Year ended Quarter ended Half Year Ended Year ended
30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
Avinash Nair
Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited
Ahmedabad
\_- TOTal Income from Operations 550.96 426.94 389.28 977.90 758.58 1,606.03 550.47 426.76 389.28 978.45 759.90 1,605.49
GSPL Transmission Ltd NNet Profit / (Loss) from ordinary activities
(GTL), a Gujarat-based nat- before tax, Exceptional and or 64.71 36.02 26.97 100.72 54.97 119.21 60.56 35.07 26.97 98.10 53.37 114.27
ural gas transmission infra- Extraordinary items
structure company, plans to
w. Net Profit / (Loss) from ordinary activities
invest around ₹3,500 crore
before tax, after Exceptional and or 64.71 100.30 26.97 165.01 54.97 119.76 60.56 99.36 26.97 162.39 53.37 114.82
e to expand its natural gas Extraordinary items e
1 pipeline network, with the 1
9 8 bulk of the investment dir- 4. (N ae ftt e P r r eo xfi tt r a/ o ( rL do inss a) r yfo ar c t th ive i tp iee sri )o d after tax 45.89 91.56 18.47 137.45 37.97 103.65 41.75 89.27 18.47 134.83 36.37 98.67 9 8
4 ected towards increasing 4
the capacity of its existing NEW CORRIDORS.The 5. Total Comprehensive Income for the period 4589 91.56 18.47 137.45 37.97 103.65 41.75 89.27 18.47 134.83 36.37 98.67
grid and extending capex plan covers about 10 6. Equity share capital 48.28 48.28 48.28 48.28 48.28 48.28 48.28 48.28 48.28 48.28 48.28 48.28
connectivity. pipeline and connectivity
“The capex plan is for the projects, aggregating l\. Reserves excluding Revaluation Reserves
next two-three years. It is approximately 700 km as per balance sheet of previous 936.99 926.94
broadly divided into two accounting year
parts. One is capacity ex- penditure will be directed o c. Earnings Per Share
pansion of our existing net- towards capacity expan- (310/- each) not annualised
work, where we will be lay- sion, while the remaining (a) Basic 3 9.51 18.96 3.83 28.47 7.86 21.47 8.65 18.49 3.83 27.92 7.53 20.44
ing new and loop lines investment will go towards
(b) Diluted 3 9.51 18.96 3.83 28.47 7.86 21.47 8.65 18.49 3.83 27.92 7.53 20.44
connecting existing entry extending the pipeline net-
and exit points. Apart from work to new areas, the man-
Notes:
that, we will be covering agement said.
The above is an extract of the detailed format of Standalone and Consolidated unaudited financial results for the quarter and half-year ended 30 Sep 2026 filed with the Stock Exchanges under Regulation 33 of the SEBI (LODR)
new geographical areas The expansion pro-
Regulations 2015 . The full format of the Financial Results are available at www.nseindia.com, www.bseindia.com and www.mmforgings.com.
within Gujarat,” the man- gramme is expected to in-
agement told businessline crease the capacity of its For and on behalf of the Board
on Friday. high-pressure grid to Date: 05m November, 2026 Vidyashankar Krishnan
around 44 million standard
CAPEX PLAN cubic metres per day Place: Chennai Chairman and Managing Director
The capex plan covers (mscmd) from the current
about 10 pipeline and con- 36-37 mscmd, as determ-
nectivity projects, aggregat- ined by the Petroleum and
ing approximately 700 km. Natural Gas Regulatory
This includes capacity aug- Board. This represents an TTK Prestige Prestige
mentation through new and increase of approximately
loop lines
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