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Balu Forge Industrie - Quaterly Results

11 Aug 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 696.25 millions, about 23.17% up against Rs. 565.27 millions recorded during the year-ago period.Good  Net Profit growth of 34.55% reported above the corresponding previous quarter figure of Rs. 76.62 millions to Rs. 103.09 millioins.OP of the company witnessed a marginal growth to 154.97 millions from 110.82 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 696.25 565.27 23.17 696.25 565.27 23.17 2690.58 2850.58 -5.61
Other Income 1.44 30.09 -95.21 1.44 30.09 -95.21 128.07 85.26 50.21
PBIDT 154.97 110.82 39.84 154.97 110.82 39.84 553.19 461.67 19.82
Interest 24.69 16.35 51.01 24.69 16.35 51.01 11.94 52.29 -77.17
PBDT 130.28 94.47 37.91 130.28 94.47 37.91 541.25 407.33 32.88
Depreciation 3.23 2.85 13.33 3.23 2.85 13.33 104.78 10.54 894.12
PBT 127.05 91.62 38.67 127.05 91.62 38.67 436.47 396.79 10.00
TAX 23.96 15.00 59.73 23.96 15.00 59.73 116.53 92.41 26.10
Deferred Tax -1.04 0.00 0.00 -1.04 0.00 0.00 -21.91 5.84 -475.17
PAT 103.09 76.62 34.55 103.09 76.62 34.55 319.94 304.38 5.11
Equity 833.65 833.65 0.00 833.65 833.65 0.00 833.65 823.15 1.28
PBIDTM(%) 22.26 19.60 13.53 22.26 19.60 13.53 20.56 16.20 26.95
Peers
Company Name CMP
Bharat Forge 1997.40
Ramkrishna Forgings 708.10
MM Forgings 613.15
Happy Forgings 2088.40
Balu Forge Inds. 499.95
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