Castings & Forgings company M M Forgings announced Q1FY26 results Company has achieved a turnover of Rs 358 crore and an EBITDA of Rs 71.64 crore. Export sales for Q1FY26 reported at Rs 137 crore contributes 40.2% of overall sales. PBT and PAT reported at Rs 30.84 crore and Rs 22.34 crore respectively. Vidyashankar Krishnan Chairman & Managing Director, said: It is a privilege to address you as we reflect on the Company’s resilient performance amid adynamic market environment. The global economic outlook remains fragile, marked by persistent volatility and evolvinggeopolitical dynamics. Key concerns include potential tariff escalations particularly between majoreconomies, have added a layer of complexity to global supply chains, impacting cross-borderflows of goods and raw materials. Additionally, geopolitical developments, most notably inEastern Europe and the Middle East have kept energy and commodity markets on edge,contributing to input cost variability across industrial sectors. The Indian automotive industry witnessed a subdued Q1FY26, marked by softer demand andmacroeconomic pressures. Export momentum moderated due to emerging tariff tensions,particularly from the U.S., impacting auto component export from several countries. Input costpressures, regulatory changes, and subdued retail sentiment further weighed on overallperformance. Despite near-term headwinds, we remain cautiously optimistic. The Company exhibited strategicresilience in Q1FY26, driven by the commitment of our teams and supported by strongfundamentals and divine grace. While the growth witnessed a marginal, market-driven moderationduring Q1FY26, our unwavering focus on operational efficiency, innovation, and cost controlcontinues to anchor long-term growth. Result PDF