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Tirupati Forge - Quaterly Results

10 May 2024 Evaluate
The sales moved up 41.55% to Rs. 331.09 millions for the March 2024 quarter as compared to Rs. 233.90 millions during the year-ago period.Net profit declined -10.13% to Rs. 19.25 millions from Rs. 21.42 millions.OP of the company witnessed a marginal growth to 39.06 millions from 38.57 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 331.09 233.90 41.55 1100.02 920.30 19.53 1100.02 920.30 19.53
Other Income 4.20 3.25 29.23 9.24 18.09 -48.92 9.24 18.09 -48.92
PBIDT 39.06 38.57 1.27 137.08 164.07 -16.45 137.08 164.07 -16.45
Interest 3.86 2.22 73.87 13.18 10.73 22.83 13.18 10.73 22.83
PBDT 35.20 36.35 -3.16 123.90 153.34 -19.20 123.90 153.34 -19.20
Depreciation 9.70 7.79 24.52 34.55 27.08 27.58 34.55 27.08 27.58
PBT 25.50 28.56 -10.71 89.35 126.26 -29.23 89.35 126.26 -29.23
TAX 6.25 7.14 -12.46 22.93 31.98 -28.30 22.93 31.98 -28.30
Deferred Tax 0.35 0.07 400.00 0.63 -1.44 -143.75 0.63 -1.44 -143.75
PAT 19.25 21.42 -10.13 66.42 94.28 -29.55 66.42 94.28 -29.55
Equity 207.36 196.00 5.80 207.36 196.00 5.80 207.36 196.00 5.80
PBIDTM(%) 11.80 16.49 -28.46 12.46 17.83 -30.10 12.46 17.83 -30.10
Peers
Company Name CMP
Bharat Forge 1988.45
Ramkrishna Forgings 610.05
MM Forgings 493.05
Happy Forgings 1443.55
Balu Forge Industrie 550.40
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