MoneyWorks4Me

Balu Forge Industrie - Quaterly Results

14 Nov 2022 Evaluate
The sales slipped to Rs. 551.30 millions for the September 2022 quarter as against Rs. 739.78 millions during the year-ago period.Net Profit of the company move down -36.90% to Rs. 44.43  millions from Rs. 70.41 millions  in the same quarter last year.The company reported a degrowth in operating Profit to 98.44 millions from 99.58 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 551.30 739.78 -25.48 1116.57 1223.78 -8.76 2850.58 1420.85 100.62
Other Income 64.03 7.30 777.12 94.12 24.77 279.98 85.26 52.48 62.46
PBIDT 98.44 99.58 -1.14 209.26 172.11 21.59 461.67 174.91 163.95
Interest 25.92 5.37 382.68 42.27 20.98 101.48 52.29 66.07 -20.86
PBDT 72.52 94.21 -23.02 166.99 151.13 10.49 407.33 108.84 274.25
Depreciation 2.90 2.87 1.05 5.75 5.71 0.70 10.54 11.45 -7.95
PBT 69.62 91.34 -23.78 161.24 145.42 10.88 396.79 97.39 307.42
TAX 25.19 20.93 20.35 40.19 36.32 10.66 92.41 21.20 335.90
Deferred Tax 0.19 -0.06 -416.67 0.19 2.83 -93.29 5.84 -1.30 -549.23
PAT 44.43 70.41 -36.90 121.05 109.10 10.95 304.38 76.19 299.50
Equity 833.65 741.65 12.40 833.65 741.65 12.40 823.15 686.15 19.97
PBIDTM(%) 17.86 13.46 32.65 18.74 14.06 33.26 16.20 12.31 31.56
Peers
Company Name CMP
Bharat Forge 1837.20
Ramkrishna Forgings 696.80
MM Forgings 538.65
Happy Forgings 1916.00
Balu Forge Inds. 487.10
View more..