MoneyWorks4Me

Happy Forgings - Quaterly Results

07 Nov 2024 Evaluate
The revenue zoomed 5.26% to Rs. 3611.32 millions for the quarter ended September 2024 as compared to Rs. 3430.78 millions during the corresponding quarter last year.Good  Net Profit growth of 29.25% reported above the corresponding previous quarter figure of Rs. 552.64 millions to Rs. 714.28 millioins.Operating Profit saw a handsome growth to 1185.06 millions from 944.33 millions in the quarter ended September 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 3611.32 3430.78 5.26 7025.98 6729.00 4.41 13582.36 11965.29 13.51
Other Income 131.38 6.77 1840.62 208.01 40.93 408.21 133.55 57.51 132.22
PBIDT 1185.06 944.33 25.49 2237.72 1980.51 12.99 4008.96 3466.87 15.64
Interest 15.66 44.44 -64.76 29.40 71.34 -58.79 117.76 124.76 -5.61
PBDT 1169.40 899.89 29.95 2208.32 1909.17 15.67 3891.20 3342.11 16.43
Depreciation 196.57 161.95 21.38 376.68 316.54 19.00 647.28 541.82 19.46
PBT 972.83 737.94 31.83 1831.64 1592.63 15.01 3243.92 2800.29 15.84
TAX 258.55 185.30 39.53 478.79 399.61 19.81 814.06 713.28 14.13
Deferred Tax 29.87 7.31 308.62 26.09 14.61 78.58 65.67 28.77 128.26
PAT 714.28 552.64 29.25 1352.85 1193.02 13.40 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(%) 32.82 27.53 19.22 31.85 29.43 8.21 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
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