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Ramkrishna Forgings - Quaterly Results

21 Jul 2023 Evaluate
The sales surged to Rs. 8359.45 millions, up 28.46% for the June 2023 quarter as against Rs. 6507.46 millions during the corresponding quarter previous year.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.OP of the company witnessed a marginal growth to 1922.75 millions from 1443.56 millions in the same quarter last year.


(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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