Forbes & Company Reports Record Financial Performance and Improved Quality Grade

May 06 2025 08:33 AM IST
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Forbes & Company, a key player in the engineering sector, has reported impressive financial results for the quarter ending March 2025, including record net sales and strong profitability metrics. The company has also seen an upgrade in its quality grade, reflecting enhanced operational performance and management efficiency.
Forbes & Company, a player in the engineering and industrial equipment sector, has recently undergone an evaluation adjustment that reflects notable changes in its financial metrics. The company reported outstanding financial performance for the quarter ending March 2025, showcasing significant achievements in key areas. Notably, net sales reached a record high of Rs 88.68 crore, while the operating profit margin stood at 16.15%.

The company also reported impressive figures in profit before tax, which amounted to Rs 13.78 crore, and a remarkable net profit of Rs 102.85 crore. Earnings per share (EPS) also hit a high of Rs 79.72, indicating strong profitability during this period.

In addition to these financial highlights, Forbes & Company has seen a revision in its quality grade, moving from average to good, reflecting improvements in various operational metrics. The company's management efficiency is underscored by a high return on equity (ROE) of 1,358.98%, alongside a favorable debt-to-EBITDA ratio, which suggests a robust ability to manage its financial obligations.

Overall, the recent evaluation adjustment for Forbes & Company underscores its strong market position and operational performance.

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