MoneyWorks4Me

MM Forgings - Quaterly Results

10 Aug 2022 Evaluate
The sales for the June 2022 quarter moved up 39.09% to Rs. 3329.30 millions as compared to Rs. 2393.70 millions during the corresponding quarter last year.A humble growth in net profit of 23.98% reported in the quarter ended June 2022 to Rs. 295.52  millions from Rs. 238.36 millions.Operating profit for the quarter ended June 2022 rose to 618.50 millions as compared to 478.80 millions of corresponding quarter ended June 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 3329.30 2393.70 39.09 3329.30 2393.70 39.09 10879.80 7114.68 52.92
Other Income 5.56 44.61 -87.54 5.56 44.61 -87.54 352.37 357.72 -1.50
PBIDT 618.50 478.80 29.18 618.50 478.80 29.18 2203.12 1428.87 54.19
Interest 70.98 65.44 8.47 70.98 65.44 8.47 273.12 312.23 -12.53
PBDT 547.52 413.36 32.46 547.52 413.36 32.46 1930.01 1116.64 72.84
Depreciation 157.00 150.00 4.67 157.00 150.00 4.67 601.06 567.33 5.95
PBT 390.52 263.36 48.28 390.52 263.36 48.28 1328.95 549.31 141.93
TAX 95.00 25.00 280.00 95.00 25.00 280.00 211.23 83.24 153.76
Deferred Tax 5.00 7.50 -33.33 5.00 7.50 -33.33 -42.89 10.74 -499.35
PAT 295.52 238.36 23.98 295.52 238.36 23.98 1117.72 466.07 139.82
Equity 241.41 241.41 0.00 241.41 241.41 0.00 241.41 241.41 0.00
PBIDTM(%) 18.58 20.00 -7.12 18.58 20.00 -7.12 20.25 20.08 0.83
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
View more..