Tirupati Forge Limited
Incorporated in 2012, co manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components
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Tirupati Forge inks technical collaboration with a Brazilian expert for developing and manufacturing 155mm Empty Artillery Shells and other defence components. This boosts product development, global competitiveness, and expands its defence portfolio without equity change.
Tirupati Forge has commissioned a 4.8 MW solar power plant for captive consumption, aiming to save ₹2.5 Cr annually on electricity costs. Planned expansions at new sites could potentially double these savings, boosting cost efficiency and sustainability. The plant features advanced N-TopCon bifacial panels with single-axis tracker technology, supporting the...
Q3FY25 revenue for Tirupati Forge Ltd. stood at ₹2,614.17 cr, with EBITDA at ₹299.9 cr and an EBITDA margin of 11.47%. The company's performance faced challenges due to a slowdown in the domestic automotive sector, its primary market. However, TFL is proactively diversifying its customer base beyond automotive to mitigate...
Tirupati Forge Limited reported a robust financial performance for the quarter ended September 30, with revenue rising 36.3% year-on-year to ₹32.6 Cr, up from ₹23.9 Cr in Q2 FY24. For the first half of FY25, revenue surged 37.71% to ₹61.8 Cr compared to ₹44.9 Cr in H1 FY24. EBITDA showed...
Tirupati Forge Limited reported impressive financial results for the quarter ended September 30, 2024. Revenue surged 37.71% year-on-year, increasing from Rs. 44.89 crore in Q2 FY24 to Rs. 61.82 crore in FY25. For the first half of FY25, the revenue also rose by the same percentage compared to H1 FY24....