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Tirupati Forge - Quaterly Results

28 Oct 2021 Evaluate
The total revenue stands at Rs. 182.67 millions for the September 2021 quarter. The mentioned figure indicates an increase of about 173.09% as against Rs. 66.89 millions during  the year-ago period.Net Profit witnessed a 138.81% growth almost the double from Rs. 2.01 millions to Rs. 4.80  millions  of same quarter last year.Operating profit for the quarter ended September 2021 rose to 14.65 millions as compared to 8.39 millions of corresponding quarter ended September 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202109 202009 % Var 202109 202009 % Var 202103 202003 % Var
Sales 182.67 66.89 173.09 311.39 118.83 162.05 307.69 276.14 11.43
Other Income 2.12 0.44 381.82 3.94 1.06 271.70 2.04 3.56 -42.70
PBIDT 14.65 8.39 74.61 29.36 14.42 103.61 28.80 27.10 6.27
Interest 2.27 0.45 404.44 3.73 1.50 148.67 3.73 5.18 -27.99
PBDT 12.38 7.94 55.92 25.63 12.92 98.37 25.07 21.92 14.37
Depreciation 5.95 5.13 15.98 10.88 9.73 11.82 19.63 18.21 7.80
PBT 6.43 2.81 128.83 14.75 3.19 362.38 5.44 3.71 46.63
TAX 1.63 0.80 103.75 3.74 0.98 281.63 1.50 0.98 53.06
Deferred Tax 0.15 0.10 50.00 0.11 0.16 -31.25 0.13 0.12 8.33
PAT 4.80 2.01 138.81 11.01 2.21 398.19 3.94 2.73 44.32
Equity 112.00 112.00 0.00 112.00 112.00 0.00 112.00 103.20 8.53
PBIDTM(%) 8.02 12.54 -36.06 9.43 12.13 -22.30 9.36 9.81 -4.62
Peers
Company Name CMP
Bharat Forge 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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