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Hilton Metal Forging - Quaterly Results

02 May 2023 Evaluate
The sales declined to Rs. 306.65 millions for the March 2023 quarter as compared to Rs. 332.89 millions during the corresponding quarter last year.A slender decline of -26.99% was recorded to Rs. 24.89  millions from Rs. 34.09 millions in the corresponding previous quarter.The company reported a good operating profit of 50.16 millions compared to 26.89 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 306.65 332.89 -7.88 1048.30 841.40 24.59 1048.30 841.40 24.59
Other Income 2.42 -0.09 -2788.89 5.64 0.50 1028.00 5.64 0.50 1028.00
PBIDT 50.16 26.89 86.54 147.56 55.65 165.16 147.56 55.65 165.16
Interest 14.37 16.59 -13.38 53.59 41.80 28.21 53.59 41.80 28.21
PBDT 35.79 10.30 247.48 93.97 0.43 21753.49 93.97 0.43 21753.49
Depreciation 5.99 7.99 -25.03 23.64 25.42 -7.00 23.64 25.42 -7.00
PBT 29.80 2.31 1190.04 70.33 -24.99 -381.43 70.33 -24.99 -381.43
TAX 4.91 -31.78 -115.45 11.75 -42.60 -127.58 11.75 -42.60 -127.58
Deferred Tax 4.91 -31.78 -115.45 11.75 -42.60 -127.58 11.75 -42.60 -127.58
PAT 24.89 34.09 -26.99 58.58 17.61 232.65 58.58 17.61 232.65
Equity 210.00 124.43 68.77 210.00 124.43 68.77 210.00 124.43 68.77
PBIDTM(%) 16.36 8.08 102.50 14.08 6.61 112.82 14.08 6.61 112.82
Peers
Company Name CMP
Bharat Forge 1946.00
Ramkrishna Forgings 703.00
MM Forgings 606.00
Happy Forgings 2002.00
Balu Forge Inds. 490.45
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