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Ramkrishna Forgings - Quaterly Results

03 May 2022 Evaluate
The Sales for the quarter ended March 2022 of Rs. 6832.40 millions rose by 31.93% from Rs. 5178.84 millions.The Net Profit of the company reported a remarkable increase of 142.88% to Rs. 866.53  millions  from Rs. 356.78 millions in previous same quarter.Operating profit surged to 1510.21 millions from the corresponding previous quarter of 1098.75 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 6832.40 5178.84 31.93 22853.66 12883.75 77.38 22853.66 12883.75 77.38
Other Income 0.00 22.08 0.00 16.09 46.15 -65.14 16.09 46.15 -65.14
PBIDT 1510.21 1098.75 37.45 5285.78 2345.40 125.37 5285.78 2345.40 125.37
Interest 262.08 183.04 43.18 933.47 767.75 21.59 933.47 767.75 21.59
PBDT 1248.13 915.71 36.30 4352.31 1577.65 175.87 4352.31 1577.65 175.87
Depreciation 456.12 366.46 24.47 1690.59 1162.85 45.38 1690.59 1162.85 45.38
PBT 792.01 549.25 44.20 2661.72 414.80 541.69 2661.72 414.80 541.69
TAX -74.52 192.47 -138.72 596.71 135.25 341.19 596.71 135.25 341.19
Deferred Tax -237.69 119.78 -298.44 114.29 62.53 82.78 114.29 62.53 82.78
PAT 866.53 356.78 142.88 2065.01 279.55 638.69 2065.01 279.55 638.69
Equity 319.78 319.33 0.14 319.78 319.33 0.14 319.78 319.33 0.14
PBIDTM(%) 22.10 21.22 4.18 23.13 18.20 27.05 23.13 18.20 27.05
Peers
Company Name CMP
Bharat Forge 2005.00
Ramkrishna Forgings 702.80
MM Forgings 615.85
Happy Forgings 2065.70
Balu Forge Inds. 508.20
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