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Company News
Balu Forge Industries standalone net profit rises 127.77% in the March 2022 quarter
(25 May 2022)
Net profit of Balu Forge Industries rose 127.77% to Rs 10.91 crore in the quarter ended March 2022 as against Rs 4.79 crore during the previous quarter ended March 2021. Sales rose 105.42% to Rs 82.29 crore in the quarter ended March 2022 as against Rs 40.06 crore during the previous quarter ended March 2021.

For the full year,net profit rose 299.48% to Rs 30.44 crore in the year ended March 2022 as against Rs 7.62 crore during the previous year ended March 2021. Sales rose 107.00% to Rs 285.06 crore in the year ended March 2022 as against Rs 137.71 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear Ended
 Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales82.2940.06 105 285.06137.71 107
OPM %12.808.41 -13.208.89 -
PBDT14.045.99 134 40.9410.88 276
PBT13.765.27 161 39.899.74 310
NP10.914.79 128 30.447.62 299

   
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