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Ramkrishna Forgings - Quaterly Results

21 Jul 2023 Evaluate
A decent increase of about 28.46% in the sales to Rs. 8359.45 millions was observed for the quarter ended June 2023. The sales figure stood at Rs. 6507.46 millions during the year-ago period.Profit after tax for the quarter ended June 2023 reported a huge growth of 62.86% to Rs. 769.65  millions from Rs. 472.58 millions.Operating profit surged to 1922.75 millions from the corresponding previous quarter of 1443.56 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 8359.45 6507.46 28.46 8359.45 6507.46 28.46 30009.99 22853.66 31.31
Other Income 47.38 6.60 617.88 47.38 6.60 617.88 37.67 16.09 134.12
PBIDT 1922.75 1443.56 33.20 1922.75 1443.56 33.20 6719.58 5285.78 27.13
Interest 342.07 256.88 33.16 342.07 256.88 33.16 1149.59 933.47 23.15
PBDT 1580.68 1186.68 33.20 1580.68 1186.68 33.20 5569.99 4352.31 27.98
Depreciation 570.67 470.76 21.22 570.67 470.76 21.22 2013.53 1690.59 19.10
PBT 1010.01 715.92 41.08 1010.01 715.92 41.08 3556.46 2661.72 33.62
TAX 240.36 243.34 -1.22 240.36 243.34 -1.22 1200.55 596.71 101.19
Deferred Tax -38.21 -25.50 49.84 -38.21 -25.50 49.84 12.83 -230.74 -105.56
PAT 769.65 472.58 62.86 769.65 472.58 62.86 2355.91 2065.01 14.09
Equity 319.78 319.78 0.00 319.78 319.78 0.00 319.78 319.78 0.00
PBIDTM(%) 23.00 22.18 3.69 23.00 22.18 3.69 22.39 23.13 -3.19
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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