'
MM
Forgings hosted a conference call on Nov 17, 2025. In the conference call, the
company was represented by Mr Vidyasankar Krishnan – Chairman and Managing
Director and Mr Venkatakrishnan – Chief Financial Officer.
Key takeaways of the call
During H1 FY26, the company experienced a
modest, market-driven moderation in growth.
Management stated that the global economic
landscape remains volatile. The performance of the Indian automotive industry,
particularly on the export front, has softened during H1 FY26 amid global
economic slowdown and macroeconomic headwinds. Escalating tariff tensions,
especially involving the United States, have further dampened export momentum,
adversely affecting auto component shipments from several countries.
Additionally, rising input costs, evolving
regulatory frameworks, and muted retail sentiment have collectively weighed on
the se...
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