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LGB Forge - Quaterly Results

07 Nov 2024 Evaluate
The revenue for the September 2024 quarter is pegged at Rs. 233.79 millions against Rs. 238.70 millions recorded during the year-ago period.The Net Loss for the quarter ended September 2024 is Rs. -8.77 millions as compared to Net Loss of Rs. -5.38 millions of corresponding quarter ended September 2023A decline of 3.62 millions was observed in the OP in the quarter ended September 2024 from 11.37 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 233.79 238.70 -2.06 459.09 465.82 -1.44 893.79 915.28 -2.35
Other Income 0.24 2.49 -90.36 1.01 4.17 -75.78 6.14 11.95 -48.62
PBIDT 3.62 11.37 -68.16 0.31 8.17 -96.21 3.12 -37.09 -108.41
Interest 5.50 9.70 -43.30 12.19 16.68 -26.92 31.66 21.43 47.74
PBDT -1.88 1.67 -212.57 9.65 -8.51 -213.40 -28.54 -58.52 -51.23
Depreciation 6.89 7.05 -2.27 13.58 14.17 -4.16 27.69 30.09 -7.98
PBT -8.77 -5.38 63.01 -3.93 -22.68 -82.67 -56.23 -88.61 -36.54
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 -8.77 -5.38 63.01 -3.93 -22.68 -82.67 -56.23 -88.61 -36.54
Equity 238.20 238.20 0.00 238.20 238.20 0.00 238.20 238.20 0.00
PBIDTM(%) 1.55 4.76 -67.49 0.07 1.75 -96.15 0.35 -4.05 -108.61
Peers
Company Name CMP
Bharat Forge 1737.45
Ramkrishna Forgings 613.85
MM Forgings 485.95
Happy Forgings 1820.50
Balu Forge Inds. 442.55
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