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Krishanveer Forge - Quaterly Results

09 Aug 2024 Evaluate
The sales for the June 2024 quarter moved up 29.02% to Rs. 248.55 millions as compared to Rs. 192.65 millions during the corresponding quarter last year.Handsome Net Profit growth of 52.44% reported above the corresponding previous quarter figure of Rs. 17.50 millions to Rs. 11.48 millions.OP of the company witnessed a marginal growth to 26.66 millions from 19.56 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 248.55 192.65 29.02 248.55 192.65 29.02 842.54 815.17 3.36
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 26.66 19.56 36.30 26.66 19.56 36.30 74.98 45.96 63.14
Interest 0.28 1.00 -72.00 0.28 1.00 -72.00 4.79 9.35 -48.77
PBDT 26.38 18.56 42.13 26.38 18.56 42.13 70.19 36.61 91.72
Depreciation 3.85 3.85 0.00 3.85 3.85 0.00 15.47 16.20 -4.51
PBT 22.53 14.71 53.16 22.53 14.71 53.16 54.72 20.41 168.10
TAX 5.03 3.23 55.73 5.03 3.23 55.73 14.82 3.96 274.24
Deferred Tax -0.03 -0.45 -93.33 -0.03 -0.45 -93.33 -0.31 0.63 -149.21
PAT 17.50 11.48 52.44 17.50 11.48 52.44 39.90 16.45 142.55
Equity 109.39 109.39 0.00 109.39 109.39 0.00 109.39 109.39 0.00
PBIDTM(%) 10.73 10.15 5.64 10.73 10.15 5.64 8.90 5.64 57.84
Peers
Company Name CMP
Bharat Forge 2004.85
Ramkrishna Forgings 720.05
MM Forgings 603.75
Happy Forgings 2108.10
Balu Forge Inds. 503.45
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