MoneyWorks4Me

MM Forgings - Quaterly Results

14 Nov 2022 Evaluate
The sales for the September 2022 quarter moved up 31.03% to Rs. 3423.80 millions as compared to Rs. 2612.97 millions during the corresponding quarter last year.The Company has registered profit of Rs. 318.77  millions for the quarter ended September 2022, a growth of 15.00%  over Rs. 277.20 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended September 2022 rose to 670.21 millions as compared to 526.75 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 3423.80 2612.97 31.03 6753.10 5006.67 34.88 10879.80 7114.68 52.92
Other Income 46.60 49.92 -6.65 52.16 94.53 -44.82 352.37 357.72 -1.50
PBIDT 670.21 526.75 27.23 1288.71 1005.55 28.16 2203.12 1428.87 54.19
Interest 73.44 72.05 1.93 144.42 137.49 5.04 273.12 312.23 -12.53
PBDT 596.77 454.70 31.24 1144.29 868.06 31.82 1930.01 1116.64 72.84
Depreciation 173.00 150.00 15.33 330.00 300.00 10.00 601.06 567.33 5.95
PBT 423.77 304.70 39.08 814.29 568.06 43.35 1328.95 549.31 141.93
TAX 105.00 27.50 281.82 200.00 52.50 280.95 211.23 83.24 153.76
Deferred Tax 5.00 7.50 -33.33 10.00 15.00 -33.33 -42.89 10.74 -499.35
PAT 318.77 277.20 15.00 614.29 515.56 19.15 1117.72 466.07 139.82
Equity 241.41 241.41 0.00 241.41 241.41 0.00 241.41 241.41 0.00
PBIDTM(%) 19.58 20.16 -2.90 19.08 20.08 -4.98 20.25 20.08 0.83
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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