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Hilton Metal Forging - Quaterly Results

07 Aug 2023 Evaluate
The turnover zoomed to Rs. 276.84 millions, up 55.12% for the June 2023 quarter as against Rs. 178.47 millions during the year-ago period.Net profit surges 67.39% to Rs. 16.99  millions  from Rs. 10.15 millions in the quarter ended June 2023.Operating profit surged to 38.85 millions from the corresponding previous quarter of 30.36 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 276.84 178.47 55.12 276.84 178.47 55.12 1048.30 841.40 24.59
Other Income 1.01 0.33 206.06 1.01 0.33 206.06 5.64 0.50 1028.00
PBIDT 38.85 30.36 27.96 38.85 30.36 27.96 147.56 55.65 165.16
Interest 12.48 11.93 4.61 12.48 11.93 4.61 53.59 41.80 28.21
PBDT 26.37 18.43 43.08 26.37 18.43 43.08 93.97 0.43 21753.49
Depreciation 5.96 5.76 3.47 5.96 5.76 3.47 23.64 25.42 -7.00
PBT 20.41 12.67 61.09 20.41 12.67 61.09 70.33 -24.99 -381.43
TAX 3.42 2.52 35.71 3.42 2.52 35.71 11.75 -42.60 -127.58
Deferred Tax 3.42 2.52 35.71 3.42 2.52 35.71 11.75 -42.60 -127.58
PAT 16.99 10.15 67.39 16.99 10.15 67.39 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(%) 14.03 17.01 -17.51 14.03 17.01 -17.51 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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