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Ramkrishna Forgings - Quaterly Results

21 Oct 2022 Evaluate
The sales moved up 31.72% to Rs. 7625.49 millions for the September 2022 quarter as compared to Rs. 5789.36 millions during the year-ago period.An average growth of 27.60% was recorded for the quarter ended September 2022 to Rs. 639.42  millions from Rs. 501.12 millions.Operating profit for the quarter ended September 2022 rose to 1706.54 millions as compared to 1395.57 millions of corresponding quarter ended September 2021.


(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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