MoneyWorks4Me

Ganga Forging - Quaterly Results

14 Feb 2025 Evaluate
The sales for the December 2024 quarter moved up 36.48% to Rs. 116.66 millions as compared to Rs. 85.48 millions during the corresponding quarter last year.Profit saw a slight increase of 16.45%to Rs. 2.69  millions from Rs. 2.31 millions.The company reported a good operating profit of 8.03 millions compared to 6.54 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202412 202312 % Var 202412 202312 % Var 202403 202303 % Var
Sales 116.66 85.48 36.48 316.87 269.78 17.45 372.12 334.10 11.38
Other Income 3.09 0.10 2990.00 6.55 0.35 1771.43 0.93 0.77 20.78
PBIDT 8.03 6.54 22.78 23.28 17.39 33.87 25.89 20.68 25.19
Interest 2.21 2.19 0.91 7.39 5.64 31.03 8.51 8.09 5.19
PBDT 5.82 4.35 33.79 15.89 11.75 35.23 17.50 17.57 -0.40
Depreciation 2.71 2.19 23.74 7.87 6.57 19.79 9.97 8.76 13.81
PBT 3.11 2.16 43.98 8.02 5.18 54.83 7.53 8.81 -14.53
TAX 0.42 -0.15 -380.00 0.58 -0.53 -209.43 3.11 -7.76 -140.08
Deferred Tax 0.18 -0.15 -220.00 0.24 -0.53 -145.28 3.11 -7.76 -140.08
PAT 2.69 2.31 16.45 7.44 5.71 30.30 4.42 16.57 -73.33
Equity 134.80 119.38 12.92 134.80 119.38 12.92 134.18 105.96 26.63
PBIDTM(%) 6.88 7.65 -10.03 7.35 6.45 13.98 6.96 6.19 12.40
Peers
Company Name CMP
Bharat Forge 1866.10
Ramkrishna Forgings 695.00
MM Forgings 568.15
Happy Forgings 2004.30
Balu Forge Inds. 488.50
View more..