MoneyWorks4Me

Happy Forgings - Quaterly Results

24 May 2024 Evaluate
The Revenue for the quarter ended  March 2024 of Rs. 3433.44 millions grew by 13.51 % from Rs. 3024.70 millions.The company has announced a 29.74% increase in its profits to Rs . 657.86  millions for the  quarter ended March 2024 compared to Rs. 507.07 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 1043.41 millions from 875.27 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 3433.44 3024.70 13.51 13582.36 11965.29 13.51 13582.36 11965.29 13.51
Other Income 72.00 16.71 330.88 133.55 57.51 132.22 133.55 57.51 132.22
PBIDT 1043.41 875.27 19.21 4008.96 3466.87 15.64 4008.96 3466.87 15.64
Interest 8.64 53.42 -83.83 117.76 124.76 -5.61 117.76 124.76 -5.61
PBDT 1034.77 821.85 25.91 3891.20 3342.11 16.43 3891.20 3342.11 16.43
Depreciation 160.17 143.47 11.64 647.28 541.82 19.46 647.28 541.82 19.46
PBT 874.60 678.38 28.92 3243.92 2800.29 15.84 3243.92 2800.29 15.84
TAX 216.74 171.31 26.52 814.06 713.28 14.13 814.06 713.28 14.13
Deferred Tax 20.21 6.67 203.00 65.67 28.77 128.26 65.67 28.77 128.26
PAT 657.86 507.07 29.74 2429.86 2087.01 16.43 2429.86 2087.01 16.43
Equity 188.41 179.00 5.26 188.41 179.00 5.26 188.41 179.00 5.26
PBIDTM(%) 30.39 28.94 5.02 29.52 28.97 1.87 29.52 28.97 1.87
Peers
Company Name CMP
Bharat Forge 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
View more..