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forbes & co ltd (502865) Details

Forbes & Company Limited engages in the engineering, real estate, and energy solution businesses in India and internationally. The company provides threading tools, including high speed steel taps and high performance taps, carbon steel taps, and high speed and carbon steel dies and die nuts; carbide tools, such as square and ball nose end mills and drills, and tungsten carbide rotary burrs; spring locked washers; marking systems; and drive steam turbine API/non API, power steam turbines, and integrated power solutions from turbine, generator, and synchronization panel. It also offers payment processing and transaction management solutions comprising bill payment services; retail automation; e-governance solutions; Forbes Xpress; self service automation; financial inclusion solutions; cheque processing solutions and services; and banking automation, as well as is involved in the real estate development activities. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.

Founded in 1767

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forbes & co ltd
Forbes & Company Limited to Report Q4, 2017 Results on May 24, 2017

Forbes & Company Limited announced that they will report Q4, 2017 results on May 24, 2017

Forbes & Company Limited, Board Meeting, May 25, 2017

Forbes & Company Limited, Board Meeting, May 25, 2017. Agenda: To consider and approve the audited standalone and consolidated financial results for the quarter /financial year ended March 31, 2017 with the report by statutory auditors of the company; and to consider the dividend for the year ended March 31, 2017, if any.

Forbes & Company Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Forbes & Company Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported gross sales/income from operations of INR 411.7 million against INR 690.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.4 million against INR 6.9 million a year ago. Profit from ordinary activities before tax was INR 104.0 million against loss of INR 55.9 million a year ago. Net profit for the period was INR 104.0 million or INR 8.06 per basic and diluted share against loss of INR 55.9 million or INR 4.33 per basic and diluted share for the same period a year ago. For the nine months, the company reported gross sales/income from operations of INR 1,344.1 million against INR 1,951.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 33.6 million against profit from operations before other income, finance costs and exceptional items of INR 6.0 million a year ago. Profit from ordinary activities before tax was INR 596.6 million against loss of INR 10.2 million a year ago. Net profit for the period was INR 547.6 million or INR 42.45 per basic and diluted share against loss of INR 10.2 million or INR 0.79 per basic and diluted share for the same period a year ago.

 

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