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MM Forgings - Quaterly Results

09 Nov 2023 Evaluate
The September 2023 quarter revenue stood at Rs. 3841.17 millions, up 12.19% as compared to Rs. 3423.80 millions during the corresponding quarter last year.A humble growth in net profit of 14.88% reported in the quarter ended September 2023 to Rs. 366.21  millions from Rs. 318.77 millions.Operating profit surged to 770.28 millions from the corresponding previous quarter of 670.21 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 3841.17 3423.80 12.19 7496.43 6753.10 11.01 14092.80 11046.40 27.58
Other Income 51.27 46.60 10.02 114.11 52.16 118.77 161.20 185.80 -13.24
PBIDT 770.28 670.21 14.93 1453.88 1288.71 12.82 2716.60 2203.20 23.30
Interest 86.57 73.44 17.88 181.79 144.42 25.88 292.20 273.10 6.99
PBDT 683.71 596.77 14.57 1272.09 1144.29 11.17 2424.40 1930.10 25.61
Depreciation 175.00 173.00 1.16 350.00 330.00 6.06 676.00 601.10 12.46
PBT 508.71 423.77 20.04 922.09 814.29 13.24 1748.40 1329.00 31.56
TAX 142.50 105.00 35.71 255.00 200.00 27.50 492.60 411.40 19.74
Deferred Tax 12.50 5.00 150.00 25.00 10.00 150.00 30.10 142.90 -78.94
PAT 366.21 318.77 14.88 667.09 614.29 8.60 1255.80 917.60 36.86
Equity 241.41 241.41 0.00 241.41 241.41 0.00 241.40 241.40 0.00
PBIDTM(%) 20.05 19.58 2.44 19.39 19.08 1.63 19.28 19.94 -3.35

MM Forgings Share Price

464.30 21.30 (4.81%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1829.85
Ramkrishna Forgings 535.95
MM Forgings 464.30
Happy Forgings 1303.15
Balu Forge Industrie 475.20
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