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Balu Forge Industrie - Quaterly Results

09 Aug 2022 Evaluate
The revenue zoomed 16.79% to Rs. 565.27 millions for the quarter ended June 2022 as compared to Rs. 484.00 millions during the corresponding quarter last year.Net profit for the quarter ended June 2022 increased significantly by 98.04% to Rs. 76.62 millions from Rs. 38.69 millions.Operating Profit saw a handsome growth to 110.82 millions from 72.53 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 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 2001.00
Ramkrishna Forgings 707.40
MM Forgings 610.20
Happy Forgings 2091.05
Balu Forge Inds. 499.45
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