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Ganga Forging - Quaterly Results

14 Feb 2025 Evaluate
The sales surged to Rs. 116.66 millions, up 36.48% for the December 2024 quarter as against Rs. 85.48 millions during the corresponding quarter previous year.A slim rise of 16.45% was recorded in the Net profit for the quarter ended December 2024 to Rs. 2.69  millions  From Rs. 2.31 millions.Operating profit for the quarter ended December 2024 rose to 8.03 millions as compared to 6.54 millions of corresponding quarter ended December 2023.


(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 1873.00
Ramkrishna Forgings 530.95
MM Forgings 484.75
Happy Forgings 1322.70
Balu Forge Industrie 473.70
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