Krishanveer Forge Ltd Reports 41.2% Increase in Profit for FY 2024-25, Announces Dividend of ₹2.50 Per Share

Krishanveer Forge Ltd, a leading manufacturer and supplier of high-quality forged components, reported a 41.2% increase in profit for the financial year 2024-25. The company's revenue saw a marginal decline of 0.98% due to challenging market conditions and global supply chain disruptions. Despite this, the company's focus on operational efficiency and cost optimization led to the significant profit increase. The company has also announced a dividend of ₹2.50 per share, leading to a total outflow of ₹273.48 lakhs. Krishanveer Forge Ltd is well-positioned to capitalize on renewed demand from infrastructure, automotive, and industrial sectors with its robust manufacturing capabilities, quality certifications, and customer-centric approach. The company has also decided to invest in a 1MWp Solar Power Plant to significantly save on energy costs and add to profitability.