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Tirupati Forge - Quaterly Results

05 Aug 2024 Evaluate
The sales surged to Rs. 290.64 millions, up 39.18% for the June 2024 quarter as against Rs. 208.82 millions during the corresponding quarter previous year.Net Profit for the quarter ended June 2024 zoomed to 128.85% from Rs. 11.37 millions to Rs. 26.02  millions.OP of the company witnessed a marginal growth to 48.75 millions from 25.12 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 290.64 208.82 39.18 290.64 208.82 39.18 1100.02 920.30 19.53
Other Income 1.86 1.22 52.46 1.86 1.22 52.46 9.24 18.09 -48.92
PBIDT 48.75 25.12 94.07 48.75 25.12 94.07 137.08 164.07 -16.45
Interest 3.82 2.70 41.48 3.82 2.70 41.48 13.18 10.73 22.83
PBDT 44.93 22.42 100.40 44.93 22.42 100.40 123.90 153.34 -19.20
Depreciation 10.29 7.05 45.96 10.29 7.05 45.96 34.55 27.08 27.58
PBT 34.64 15.37 125.37 34.64 15.37 125.37 89.35 126.26 -29.23
TAX 8.62 4.00 115.50 8.62 4.00 115.50 22.93 31.98 -28.30
Deferred Tax -0.46 -0.44 4.55 -0.46 -0.44 4.55 0.63 -1.44 -143.75
PAT 26.02 11.37 128.85 26.02 11.37 128.85 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(%) 16.77 12.03 39.43 16.77 12.03 39.43 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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