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EL Forge - Quaterly Results

02 Aug 2024 Evaluate
Net sales declined -6.61%  to  Rs. 170.22 million from Rs. 182.26 millions.The Company's Net profit for the June 2024 quarter have declined marginally to Rs. 4.60  millions as against Rs. 4.81 millions reported during the corresponding quarter ended.Operating profit for the quarter ended June 2024 decreased to 10.51 millions as compared to 16.55 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 170.22 182.26 -6.61 170.22 182.26 -6.61 683.22 584.63 16.86
Other Income 0.44 0.67 -34.33 0.44 0.67 -34.33 4.05 0.50 710.00
PBIDT 10.51 16.55 -36.50 10.51 16.55 -36.50 53.85 39.09 37.76
Interest 1.24 1.18 5.08 1.24 1.18 5.08 4.78 3.98 20.10
PBDT 9.27 9.37 -1.07 9.27 9.37 -1.07 729.65 25.79 2729.20
Depreciation 4.67 4.56 2.41 4.67 4.56 2.41 18.42 48.87 -62.31
PBT 4.60 4.81 -4.37 4.60 4.81 -4.37 711.23 -23.08 -3181.59
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 4.60 4.81 -4.37 4.60 4.81 -4.37 711.23 -23.08 -3181.59
Equity 203.24 203.24 0.00 203.24 203.24 0.00 203.24 203.24 0.00
PBIDTM(%) 6.17 9.08 -32.00 6.17 9.08 -32.00 7.88 6.69 17.88
Peers
Company Name CMP
Bharat Forge 1943.50
Ramkrishna Forgings 715.95
MM Forgings 613.30
Happy Forgings 2070.60
Balu Forge Inds. 501.30
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