HFL’s investments in manufacturing capabilities has positioned it to meet the growing demand for high-precision components from both global and domestic automotive OEMs.
Ashish Garg, managing director of Happy Forgings said, “This order highlights our ability to provide high-quality solutions driven by advanced engineering capabilities and a proven track record of successful execution. We are committed to maintaining our leadership in precision engineering and continue to focus on enhancing the value and innovation we bring to our products, while expanding our presence in the passenger vehicle segment.”
Happy Forgings is principally engaged in the manufacturing of forgings and related components.
The company’s consolidated net profit jumped 29.2% to Rs 71.37 crore on 5.3% increase in net sales to Rs 361.13 crore in Q2 FY25 over Q2 FY24.
The counter declined 2.98% to ends at Rs 1050.80 on Friday, 13 December 2024.