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Ganga Forging - Quaterly Results

24 May 2022 Evaluate
The quarter ended March 2022 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 74.86 millions.The Net Loss for the quarter ended March 2022 is Rs. -8.92 millions as compared to Net Profit of Rs. 1.49 millions of corresponding quarter ended March 2021Operating Profit saw a handsome growth to 5.64 millions from 3.53 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 74.86 73.84 1.38 286.59 229.82 24.70 286.59 229.82 24.70
Other Income -0.19 2.85 -106.67 5.15 1.40 267.86 5.15 1.40 267.86
PBIDT 5.64 3.53 59.77 30.54 18.41 65.89 30.54 18.41 65.89
Interest 2.72 2.31 17.75 9.47 7.94 19.27 9.47 7.94 19.27
PBDT 2.91 1.22 138.52 28.55 10.09 182.95 28.55 10.09 182.95
Depreciation 2.20 2.19 0.46 8.82 8.74 0.92 8.82 8.74 0.92
PBT 0.71 -0.97 -173.20 19.73 1.35 1361.48 19.73 1.35 1361.48
TAX 9.63 -2.46 -491.46 9.39 -2.08 -551.44 9.39 -2.08 -551.44
Deferred Tax 8.92 -2.46 -462.60 8.68 -2.08 -517.31 8.68 -2.08 -517.31
PAT -8.92 1.49 -698.66 10.34 3.43 201.46 10.34 3.43 201.46
Equity 105.96 105.96 0.00 105.96 105.96 0.00 105.96 105.96 0.00
PBIDTM(%) 7.53 4.78 57.60 10.66 8.01 33.03 10.66 8.01 33.03
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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