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Balu Forge Industrie - Quaterly Results

09 Aug 2022 Evaluate
The June 2022 quarter revenue stood at Rs. 565.27 millions, up 16.79% as compared to Rs. 484.00 millions during the corresponding quarter last year.Profit after tax for the quarter ended June 2022 reported a huge growth of 98.04% to Rs. 76.62  millions from Rs. 38.69 millions.OP of the company witnessed a marginal growth to 110.82 millions from 72.53 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 565.27 484.00 16.79 565.27 484.00 16.79 2850.58 1420.85 100.62
Other Income 30.09 17.47 72.24 30.09 17.47 72.24 85.26 52.48 62.46
PBIDT 110.82 72.53 52.79 110.82 72.53 52.79 461.67 174.91 163.95
Interest 16.35 15.61 4.74 16.35 15.61 4.74 52.29 66.07 -20.86
PBDT 94.47 56.92 65.97 94.47 56.92 65.97 407.33 108.84 274.25
Depreciation 2.85 2.84 0.35 2.85 2.84 0.35 10.54 11.45 -7.95
PBT 91.62 54.08 69.42 91.62 54.08 69.42 396.79 97.39 307.42
TAX 15.00 15.39 -2.53 15.00 15.39 -2.53 92.41 21.20 335.90
Deferred Tax 0.00 2.89 0.00 0.00 2.89 0.00 5.84 -1.30 -549.23
PAT 76.62 38.69 98.04 76.62 38.69 98.04 304.38 76.19 299.50
Equity 833.65 741.65 12.40 833.65 741.65 12.40 823.15 686.15 19.97
PBIDTM(%) 19.60 14.99 30.83 19.60 14.99 30.83 16.20 12.31 31.56
Peers
Company Name CMP
Bharat Forge 1999.00
Ramkrishna Forgings 706.00
MM Forgings 614.35
Happy Forgings 2090.00
Balu Forge Inds. 499.45
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