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forbes & co ltd (502865) Details

Forbes & Company Limited is engaged in the engineering, shipping and logistics, and transaction management solutions businesses in India and internationally. It operates through Engineering, Health & Hygiene & Safety Products and its Services, Shipping & Logistics Services, Real Estate, IT enabled Services, Energy Solution, and Others segments. The company’s engineering business 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. Its shipping and logistics business offers door to door, and air and sea freight logistics; freight management; bonding/warehousing; cargo, container cargo, break-bulk, and truck-loads transportation; liner agency; container freight stations; custom clearance; multimodal transport operations; container line; and project cargo services. Forbes & Company Limited’s transaction management solutions business comprise bill payment services; retail automation; e-governance solutions; Forbes Xpress; self service automation; financial inclusion solutions; cheque processing solutions and services; and banking automation. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji & Company Limited.

Founded in 1767

forbes & co ltd (502865) Top Compensated Officers

Managing Director, Chief Executive Officer, E...
Total Annual Compensation: 10.9M
Compensation as of Fiscal Year 2014.

forbes & co ltd (502865) Key Developments

Forbes & Company Limited Reports Unaudited Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2014

Forbes & Company Limited reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2014. For the quarter, net sales/income from operation was INR 696.1 million against INR 703.7 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 15.9 million against INR 2.9 million a year ago. Loss from ordinary activities before tax was INR 44.9 million against INR 70.5 million a year ago. Net loss was INR 44.9 million or INR 3.48 per basic and diluted share against INR 70.5 or INR 5.46 per basic and diluted share, a year ago. For the six months, net sales/income from operation was INR 1,454.5 million against INR 1,340.2 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 59.9 million against loss from operation before other income, finance cost and exceptional item of INR 60.5 million a year ago. Loss from ordinary activities before tax was INR 36.7 million against INR 159.2 million a year ago. Net loss was INR 36.7 million or INR 2.85 per basic and diluted share against INR 159.2 or INR 12.34 per basic and diluted share, a year ago.

Forbes & Company Limited to Report Q2, 2015 Results on Oct 30, 2014

Forbes & Company Limited announced that they will report Q2, 2015 results on Oct 30, 2014

Forbes & Company Limited, Board Meeting, Oct 30, 2014

Forbes & Company Limited, Board Meeting, Oct 30, 2014. Agenda: To approve the unaudited results for the quarter and half year ended September 30, 2014 with the limited review report by statutory auditors of the company.

 

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