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Ganga Forging - Quaterly Results

01 Feb 2024 Evaluate
The revenue zoomed 5.12% to Rs. 85.48 millions for the quarter ended December 2023 as compared to Rs. 81.32 millions during the corresponding quarter last year.The Total revenue for the quarter ended December 2023 of  Rs. 2.31  millions  grew by 255.38% from Rs. 0.65 millions.Operating Profit saw a handsome growth to 6.54 millions from 5.44 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 85.48 81.32 5.12 269.78 249.71 8.04 334.10 288.32 15.88
Other Income 0.10 0.00 0.00 0.35 0.71 -50.70 0.77 5.14 -85.02
PBIDT 6.54 5.44 20.22 17.41 13.73 26.80 20.68 30.54 -32.29
Interest 2.19 2.23 -1.79 5.65 5.54 1.99 8.09 9.47 -14.57
PBDT 4.35 3.21 35.51 11.76 8.33 41.18 17.57 28.55 -38.46
Depreciation 2.19 2.20 -0.45 6.57 6.61 -0.61 8.76 8.82 -0.68
PBT 2.16 1.01 113.86 5.19 1.72 201.74 8.81 19.73 -55.35
TAX -0.15 0.36 -141.67 -0.53 0.31 -270.97 -7.76 9.39 -182.64
Deferred Tax -0.15 0.36 -141.67 -0.53 0.30 -276.67 -7.76 8.68 -189.40
PAT 2.31 0.65 255.38 5.72 1.41 305.67 16.57 10.34 60.25
Equity 119.38 105.96 12.67 119.38 105.96 12.67 105.96 105.96 0.00
PBIDTM(%) 7.65 6.69 14.37 6.45 5.50 17.37 6.19 10.59 -41.56
Peers
Company Name CMP
Bharat Forge 1865.00
Ramkrishna Forgings 529.90
MM Forgings 486.35
Happy Forgings 1308.50
Balu Forge Industrie 472.05
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