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Ramkrishna Forgings - Quaterly Results

02 May 2024 Evaluate
The Revenue for the quarter ended  March 2024 of Rs. 8861.63 millions grew by 6.08 % from Rs. 8353.98 millions.A good growth in profit of 30.65% reported to Rs. 872.99  millions over Rs. 668.19 millions of corresponding previous quarter.Operating profit for the quarter ended March 2024 rose to 2145.04 millions as compared to 1898.64 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 8861.63 8353.98 6.08 34896.07 30009.99 16.28 34896.07 30009.99 16.28
Other Income 136.33 17.04 700.06 233.30 37.67 519.33 233.30 37.67 519.33
PBIDT 2145.04 1898.64 12.98 8171.85 6719.58 21.61 8171.85 6719.58 21.61
Interest 293.34 318.43 -7.88 1362.75 1149.59 18.54 1362.75 1149.59 18.54
PBDT 1851.70 1580.21 17.18 6809.10 5569.99 22.25 6809.10 5569.99 22.25
Depreciation 652.90 557.06 17.20 2443.77 2013.52 21.37 2443.77 2013.52 21.37
PBT 1198.80 1023.15 17.17 4365.33 3556.47 22.74 4365.33 3556.47 22.74
TAX 325.81 354.96 -8.21 1104.64 1200.54 -7.99 1104.64 1200.54 -7.99
Deferred Tax 98.18 37.45 162.16 59.06 12.83 360.33 59.06 12.83 360.33
PAT 872.99 668.19 30.65 3260.69 2355.93 38.40 3260.69 2355.93 38.40
Equity 361.55 319.78 13.06 361.55 319.78 13.06 361.55 319.78 13.06
PBIDTM(%) 24.21 22.73 6.51 23.42 22.39 4.58 23.42 22.39 4.58
Peers
Company Name CMP
Bharat Forge 1851.95
Ramkrishna Forgings 689.75
MM Forgings 527.85
Happy Forgings 1862.65
Balu Forge Inds. 480.40
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