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Tirupati Forge - Quaterly Results

10 May 2022 Evaluate
The total revenue stands at Rs. 299.95 millions for the March 2022 quarter. The mentioned figure indicates an increase of about 158.35% as against Rs. 116.10 millions during  the year-ago period.The Net Profit of the company vaulted to 1316.55% to Rs. 19.69  millions from Rs. 1.39 millions in the previous quarter.Operating Profit saw a handsome growth to 36.24 millions from 7.48 millions in the quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 299.95 116.10 158.35 882.36 307.69 186.77 882.36 307.69 186.77
Other Income 5.47 0.46 1089.13 10.67 2.04 423.04 10.67 2.04 423.04
PBIDT 36.24 7.48 384.49 116.57 28.80 304.76 116.57 28.80 304.76
Interest 2.21 0.62 256.45 8.76 3.73 134.85 8.76 3.73 134.85
PBDT 34.03 6.86 396.06 107.81 25.07 330.04 107.81 25.07 330.04
Depreciation 6.19 4.94 25.30 24.29 19.63 23.74 24.29 19.63 23.74
PBT 27.84 1.92 1350.00 83.52 5.44 1435.29 83.52 5.44 1435.29
TAX 8.15 0.53 1437.74 21.29 1.50 1319.33 21.29 1.50 1319.33
Deferred Tax -0.93 0.07 -1428.57 -1.60 0.13 -1330.77 -1.60 0.13 -1330.77
PAT 19.69 1.39 1316.55 62.23 3.94 1479.44 62.23 3.94 1479.44
Equity 196.00 112.00 75.00 196.00 112.00 75.00 196.00 112.00 75.00
PBIDTM(%) 12.08 6.44 87.53 13.21 9.36 41.14 13.21 9.36 41.14
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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