Happy Forgings Secures INR 140 Crore Order for Passenger Vehicle Crankshafts

Happy Forgings Ltd has received an order for supplying crankshafts for passenger vehicles from a prominent Indian passenger vehicle manufacturer. The order, valued at INR 140 crores, is expected to generate peak annual revenues of INR 27 crores for FY26 to FY31. A subsequent order could potentially drive peak annual revenues to over INR 50 crores from FY28 onwards. The order does not fall under related party transactions and will be executed at arm's length.