MoneyWorks4Me

EL Forge - Quaterly Results

18 Aug 2022 Evaluate
A decent increase of about 32.66% in the sales to Rs. 124.81 millions was observed for the quarter ended June 2022. The sales figure stood at Rs. 94.08 millions during the year-ago period.The Net Loss for the quarter ended June 2022 is Rs. -7.90 millions as compared to Net Loss of Rs. -14.97 millions of corresponding quarter ended June 2021Operating profit surged to 5.18 millions from the corresponding previous quarter of 1.56 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 124.81 94.08 32.66 124.81 94.08 32.66 403.36 384.55 4.89
Other Income 0.13 0.23 -43.48 0.13 0.23 -43.48 1.68 1.85 -9.19
PBIDT 5.18 1.56 232.05 5.18 1.56 232.05 12.06 6.38 89.03
Interest 1.02 1.18 -13.56 1.02 1.18 -13.56 4.33 4.62 -6.28
PBDT 4.16 0.38 994.74 4.16 0.38 994.74 22.05 38.31 -42.44
Depreciation 12.06 15.35 -21.43 12.06 15.35 -21.43 61.73 61.15 0.95
PBT -7.90 -14.97 -47.23 -7.90 -14.97 -47.23 -39.68 -22.84 73.73
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -7.90 -14.97 -47.23 -7.90 -14.97 -47.23 -39.68 -22.84 73.73
Equity 203.24 203.24 0.00 203.24 203.24 0.00 203.24 203.24 0.00
PBIDTM(%) 4.15 1.66 150.29 4.15 1.66 150.29 2.99 1.66 80.21
Peers
Company Name CMP
Bharat Forge 1943.50
Ramkrishna Forgings 715.95
MM Forgings 613.30
Happy Forgings 2070.60
Balu Forge Inds. 501.30
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