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Ramkrishna Forgings - Quaterly Results

21 Oct 2022 Evaluate
The sales for the September 2022 quarter moved up 31.72% to Rs. 7625.49 millions as compared to Rs. 5789.36 millions during the corresponding quarter last year.Good  Net Profit growth of 27.60% reported above the corresponding previous quarter figure of Rs. 501.12 millions to Rs. 639.42 millioins.Operating profit surged to 1706.54 millions from the corresponding previous quarter of 1395.57 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 7625.49 5789.36 31.72 14132.95 9917.96 42.50 22853.66 12883.75 77.38
Other Income 5.94 3.77 57.56 12.54 11.74 6.81 16.09 46.15 -65.14
PBIDT 1706.54 1395.57 22.28 3150.10 2356.74 33.66 5285.78 2345.40 125.37
Interest 278.29 206.13 35.01 535.17 408.66 30.96 933.47 767.75 21.59
PBDT 1428.25 1189.44 20.08 2614.93 1948.08 34.23 4352.31 1577.65 175.87
Depreciation 496.27 395.19 25.58 967.03 783.59 23.41 1690.59 1162.85 45.38
PBT 931.98 794.25 17.34 1647.90 1164.49 41.51 2661.72 414.80 541.69
TAX 292.56 293.13 -0.19 535.90 417.24 28.44 596.71 135.25 341.19
Deferred Tax -7.80 161.97 -104.82 -33.30 221.33 -115.05 114.29 62.53 82.78
PAT 639.42 501.12 27.60 1112.00 747.25 48.81 2065.01 279.55 638.69
Equity 319.78 319.78 0.00 319.78 319.78 0.00 319.78 319.33 0.14
PBIDTM(%) 22.38 24.11 -7.16 22.29 23.76 -6.20 23.13 18.20 27.05
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
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