Forbes & Company Share Price Today

Forbes & Company Q2FY27 Results: Net profit falls 51% YoY to ₹2.98 crore

Standalone net profit declined 50.7% YoY to ₹2.98 crore in Q2FY27. Revenue from operations fell 2.6% YoY to ₹17.66 crore. Board approved ₹35 crore capex for Wagale Thane IT Park and ₹15 crore for Chh. Sambhajinagar factory. Sale of 49% stake in Neuvo Consultancy Services to Shapoorji Pallonji group approved for ₹5.88 lakh.

Forbes & Company shareholders approve independent director commission resolution

Special resolution on independent director commission passed with 99.95% votes in favour. Promoter group voted unanimously in favour, representing 9,359,293 shares. Public institutions voted against the resolution with 89.81% dissent among polled votes. Total eligible shares for voting stood at 12,898,616 as of cut-off date August 28, 2026.

Bombay HC accepts Svadeshi Mills revival proposal; Forbes holds 22.7% stake

Bombay High Court accepted the revival proposal for Svadeshi Mills Company Limited on September 2, 2026. The court set aside the February 23, 2026 judgment by the Single Judge regarding the revival proceedings. Forbes & Company holds a 22.70% equity stake in Svadeshi Mills and is evaluating the implications. The company stated there is no envisaged impact on its financials or operations from this order.

Forbes & Company seeks shareholder nod for independent director commission

Forbes & Company seeks shareholder approval to pay independent directors a commission of up to 1% of net profits. A fallback remuneration cap of ₹60 lakh applies if profits are inadequate, per Schedule V of the Companies Act. Standalone revenue fell to ₹7,313.90 lakh in FY26 from ₹19,684.12 lakh in FY25. E-voting opens on September 4, 2026, and closes on October 3, 2026.

Forbes & Company Q1 Results: Net Profit Down 23% YoY to ₹3.07 crore

Forbes & Company reported Q1FY27 standalone net profit of ₹3.07 crore, down 23% YoY, driven by a 42% drop in revenue. Consolidated profit turned positive at ₹3.60 crore, aided by associate gains. Real estate revenue fell sharply, while coding losses widened. OCI gains boosted comprehensive income.

Forbes & Company shareholders approve FY26 results and board reshuffle

Forbes & Company Limited reported unanimous shareholder approval for its FY26 financial statements and the re-appointment of Director Jai Mavani at its 107th AGM on July 31, 2026. The meeting recorded a 72.8% voting turnout, with promoters casting 100% of their votes in favor. The Cost Auditor's remuneration was also ratified without significant dissent.