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Tirupati Forge - Quaterly Results

08 Nov 2022 Evaluate
The sales surged to Rs. 265.35 millions, up 45.26% for the September 2022 quarter as against Rs. 182.67 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 1085.87% to Rs. 31.90  millions  from Rs. 2.69 millions in previous same quarter.The company reported a good operating profit of 50.67 millions compared to 14.65 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 265.35 182.67 45.26 518.74 311.39 66.59 882.36 307.69 186.77
Other Income 5.39 2.12 154.25 12.53 3.94 218.02 10.67 2.04 423.04
PBIDT 50.67 14.65 245.87 101.34 29.35 245.28 116.57 28.80 304.76
Interest 1.90 2.27 -16.30 4.91 3.73 31.64 8.76 3.73 134.85
PBDT 48.77 12.38 293.94 96.43 25.62 276.39 107.81 25.07 330.04
Depreciation 6.32 5.95 6.22 12.76 10.88 17.28 24.29 19.63 23.74
PBT 42.45 6.43 560.19 83.67 14.74 467.64 83.52 5.44 1435.29
TAX 10.55 3.74 182.09 20.97 5.85 258.46 21.29 1.50 1319.33
Deferred Tax -0.59 0.11 -636.36 -1.29 0.07 -1942.86 -1.60 0.13 -1330.77
PAT 31.90 2.69 1085.87 62.70 8.89 605.29 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(%) 19.10 8.02 138.10 19.54 9.43 107.27 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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