GANGAFORGE NSE filing

Ganga Forging Q2 FY26 Unaudited Results: Net Loss Widens to ₹2.94 Crore

The RealCase readMedium impact Negative

Ganga Forging reported a net loss of ₹2.94 Crore for Q2 FY26, widening from ₹0.29 Crore in Q2 FY25. Revenue from operations for the quarter was ₹8.27 Crore. The half-year net loss was ₹3.23 Crore compared to a profit of ₹0.57 Crore.

Why it matters

The widening net loss and increased expenses are material negative factors for the company's financial health, which could impact investor sentiment and stock performance.

The market read

The company reported a significant increase in net loss for both the quarter and half-year ended September 30, 2025, indicating a negative financial performance compared to the previous year.

Ganga Forging Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a net loss of ₹294.04 Lakhs (₹2.94 Crore) for the quarter, a significant increase from a net loss of ₹29.01 Lakhs (₹0.29 Crore) in the corresponding quarter of the previous year.

For the half-year ended September 30, 2025, the net loss stood at ₹323.05 Lakhs (₹3.23 Crore), compared to a net profit of ₹56.96 Lakhs (₹0.57 Crore) in the same period last year. Revenue from operations for the quarter was ₹826.82 Lakhs (₹8.27 Crore), a slight increase from ₹774.55 Lakhs (₹7.75 Crore) in the prior year's quarter. Total expenses for the quarter rose to ₹112.22 Lakhs (₹1.12 Crore) from ₹831.28 Lakhs (₹8.31 Crore) in the previous year.

The company's balance sheet as of September 30, 2025, shows total assets of ₹5920.20 Lakhs (₹59.20 Crore) and total equity of ₹2895.88 Lakhs (₹28.96 Crore). Total liabilities stood at ₹3024.32 Lakhs (₹30.24 Crore).

Chairman & Managing Director, Hiralal Tilva, stated that the financial results have been reviewed by the Board of Directors and the Statutory Auditors have carried out a limited review with no qualifications. The company operates in a single business segment, manufacturing closed die forged products, making segment reporting not applicable. No investor complaints were pending during the period.

Filing to action

What to do with a filing like this

Ganga Forging Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Ganga Forging Limited. Read the original for the full detail.

View original filing