Net profit of Kalyani Forge remain constant at Rs 0.76 crore in the quarter ended March 2023 and also during the previous quarter ended March 2022. Sales declined 2.98% to Rs 64.42 crore in the quarter ended March 2023 as against Rs 66.40 crore during the previous quarter ended March 2022.

For the full year,net profit rose 15.34% to Rs 3.61 crore in the year ended March 2023 as against Rs 3.13 crore during the previous year ended March 2022. Sales rose 8.18% to Rs 266.67 crore in the year ended March 2023 as against Rs 246.50 crore during the previous year ended March 2022.

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Kalyani Forge announced that the Board of Directors of the Company at its meeting held on 30 May 2023, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Kalyani Forge announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2023.

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Kalyani Forge has revised the meeting of the Board of Directors which was scheduled to be held on 25 May 2023. The meeting will now be held on 30 May 2023.

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