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Tirupati Forge - Quaterly Results

09 Aug 2022 Evaluate
The topline for the June 2022 quarter moved up 96.85% to Rs. 253.39 millions as compared to Rs. 128.72 millions during the year-ago period.Net Profit witnessed a 396.77% growth almost the double from Rs. 6.20 millions to Rs. 30.80  millions  of same quarter last year.Operating Profit saw a handsome growth to 50.67 millions from 14.70 millions in the quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 253.39 128.72 96.85 253.39 128.72 96.85 882.36 307.69 186.77
Other Income 7.14 1.82 292.31 7.14 1.82 292.31 10.67 2.04 423.04
PBIDT 50.67 14.70 244.69 50.67 14.70 244.69 116.57 28.80 304.76
Interest 3.01 1.46 106.16 3.01 1.46 106.16 8.76 3.73 134.85
PBDT 47.66 13.24 259.97 47.66 13.24 259.97 107.81 25.07 330.04
Depreciation 6.44 4.93 30.63 6.44 4.93 30.63 24.29 19.63 23.74
PBT 41.22 8.31 396.03 41.22 8.31 396.03 83.52 5.44 1435.29
TAX 10.42 2.11 393.84 10.42 2.11 393.84 21.29 1.50 1319.33
Deferred Tax -0.70 -0.04 1650.00 -0.70 -0.04 1650.00 -1.60 0.13 -1330.77
PAT 30.80 6.20 396.77 30.80 6.20 396.77 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(%) 20.00 11.42 75.10 20.00 11.42 75.10 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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