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Balu Forge Industrie - Quaterly Results

02 Nov 2021 Evaluate
A minor change in the total revenue was seen in the September 2021 quarter. The total revenue for the quarter stood at Rs. 739.78 millions against Rs. 0.00 millions during year ago period.The Total Profit for the quarter ended September 2021 of Rs. 70.41 millions grew from Rs.-8.25 millions Operating profit Margin for the quarter ended September 2021 improved to 99.58% as compared to -8.25% 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 739.78 0.00 0.00 1223.78 0.00 0.00 1420.85 2.04 69549.51
Other Income 7.30 0.03 24233.33 24.77 0.05 49440.00 52.48 0.07 74871.43
PBIDT 99.58 -8.25 -1307.03 172.11 -8.60 -2101.28 174.91 0.70 24887.14
Interest 5.37 0.00 0.00 20.98 0.00 0.00 66.07 0.00 0.00
PBDT 94.21 -8.25 -1241.94 151.13 -8.60 -1857.33 108.84 0.70 15448.57
Depreciation 2.87 0.00 0.00 5.71 0.00 0.00 11.45 0.00 0.00
PBT 91.34 -8.25 -1207.15 145.42 -8.60 -1790.93 97.39 0.70 13812.86
TAX 20.93 0.00 0.00 36.32 0.00 0.00 21.20 0.29 7210.34
Deferred Tax -0.06 0.00 0.00 2.83 0.00 0.00 -1.30 0.18 -822.22
PAT 70.41 -8.25 -953.45 109.10 -8.60 -1368.60 76.19 0.41 18482.93
Equity 741.65 207.75 256.99 741.65 207.75 256.99 686.15 3.50 19504.29
PBIDTM(%) 13.46 0.00 0.00 14.06 0.00 0.00 12.31 34.31 -64.12
Peers
Company Name CMP
Bharat Forge 2004.05
Ramkrishna Forgings 707.40
MM Forgings 610.20
Happy Forgings 2091.05
Balu Forge Inds. 499.45
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