AMIC Forging Delivers a Stellar H1 FY26. EBITDA surges 53.61% YoY, Marking a Powerful Leap in Profitability

New Delhi [India], November 19: AMIC Forging Limited, one of India’s leading manufacturers of open forgings, has delivered a strong H1 FY2026 performance driven by focused execution in specialised forging. Revenue grew 4.57% YoY to ₹6658.04 Lakhs, but the standout metric was profitability. EBITDA surged 53.61% YoY to ₹1822.85 Lakhs, expanding margins to an impressive 27.38%. With its capex program now nearing completion despite minor weather delays, the company is gearing up for its next phase of accelerated growth.

AMIC’s Director, Mr Anshul Chamaria, highlighted, “We have made significant investments in machinery, people, and technical know-how. We have worked diligently to obtain critical industry approvals that enable us to manufacture complex and high-precision engineering products. There was an unavoidable delay in the capex going live commercially due to unprecedented rainfall in West Bengal, which disrupted foundation and civil work. With the capex now nearing completion and the essential approvals in place, AMIC Forging Limited is well-positioned for the next phase of growth.”

AMIC also achieved two significant milestones this year. It received Boiler Steel Approval for FY 2025–26, reinforcing the quality of its products and supporting higher value realisation. Additionally, the company entered into a strategic supply agreement with Prime Metal, a joint venture of Mitsubishi Heavy Industries, further validating AMIC’s capabilities in high-precision forging and opening new opportunities in premium segments.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

#IIoT automation expo Business Cybersecurity exhibition Industrial Automation manufacturing Mumbai Robotics

Automation Expo 2026 to Spotlight AI, Smart Manufacturing, and Industrial Innovation in Mumbai

Mumbai (Maharashtra) [India], July 14: Automation Expo 2026, one of India’s largest exhibitions dedicated to industrial automation, instrumentation, robotics, and digital transformation, will be held from July 22 to 25 at the Bombay Exhibition Centre, Mumbai. Organised by IED Communications Ltd., the four-day event is expected to host more than 700 exhibitors, bringing together manufacturers, […]

Read More
Business

Chandan Healthcare Limited Q1 FY27 Operational Update: Operating Income Up 35.64% YoY to ₹48.67 Cr; Pharmacy Up 13.69% YoY to ₹32.33 Cr

Lucknow (Uttar Pradesh) [India], July 14: Chandan Healthcare Limited (NSE – CHANDAN), – Chandan Healthcare Limited, one of India’s leading diagnostic healthcare providers with a rapidly expanding pan-India presence, today announced its operational update for the quarter ended June 30, 2026. Chandan Healthcare Limited reported unaudited operating income of ₹48.67 Cr in Q1 FY27, compared with ₹35.88 Cr in Q1 FY26, registering […]

Read More
Business Yaap

YAAP Digital Announces Leadership Transition; Appoints Raj Nayak as Chairman & Managing Director

Gurugram (Haryana) [India], July 14: Yaap Digital Limited (NSE: YAAP | INE0U0J01015), today announced the appointment of Mr. L. S. Nayak, popularly known as Raj Nayak as its Chairman & Managing Director, following the untimely demise of its Founder, Chairman & Managing Director, Dr. Atul Hegde, on 7 July 2026. Dr. Atul Hegde was more than […]

Read More