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LGB Forge - Quaterly Results

10 Feb 2023 Evaluate
The sales is pegged at Rs. 260.02 millions for the December 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 346.60 millions during the year-ago period.The Net Loss for the quarter ended December 2022 is Rs. -43.83 millions as compared to Net Profit of Rs. 10.02 millions of corresponding quarter ended December 2021Operating profit Margin for the quarter ended December 2022 slipped to -26.77% as compared to 26.71% of corresponding quarter ended December 2021


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 260.02 346.60 -24.98 838.33 978.85 -14.36 1300.55 921.26 41.17
Other Income 2.82 1.12 151.79 9.82 5.68 72.89 6.51 7.39 -11.91
PBIDT -26.77 26.71 -200.22 -25.61 85.81 -129.85 102.26 99.52 2.75
Interest 5.15 4.99 3.21 15.08 19.64 -23.22 22.51 18.81 19.67
PBDT -31.92 21.72 -246.96 -40.69 66.17 -161.49 79.75 80.71 -1.19
Depreciation 11.91 11.70 1.79 35.71 34.26 4.23 45.33 46.38 -2.26
PBT -43.83 10.02 -537.43 -76.40 31.91 -339.42 34.42 34.33 0.26
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -43.83 10.02 -537.43 -76.40 31.91 -339.42 34.42 34.33 0.26
Equity 238.20 238.20 0.00 238.20 238.20 0.00 238.20 238.20 0.00
PBIDTM(%) -10.30 7.71 -233.60 -3.05 8.77 -134.85 7.86 10.80 -27.21
Peers
Company Name CMP
Bharat Forge 1866.10
Ramkrishna Forgings 695.00
MM Forgings 568.15
Happy Forgings 2004.30
Balu Forge Inds. 488.50
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