Stock Report

Balu Forge Industries Ltd's Q2FY22 consolidated net profit at Rs. 7.04 crore



Posted On : 2021-11-02 20:55:23( TIMEZONE : IST )

Balu Forge Industries Ltd's Q2FY22 consolidated net profit at Rs. 7.04 crore

Balu Forge Industries Ltd has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 74.7073 crores during the period ended September 30, 2021 as compared to Rs. 50.1468 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 7.0408 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 3.8685 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 0.85 for the period ended September 30, 2021 as compared to Rs. 0.48 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹ 74.7073 crs ₹50.1468 crs Up Tick / Down Tick48.98%
Net Profit ₹7.0408 crs ₹3.8685 crs Up Tick / Down Tick82.00%
EPS ₹0.85 ₹0.48 Up Tick / Down Tick77.08%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 74.7073 crores during the period ended September 30, 2021 as compared to Rs.0.0030 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.7.0408 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-0.8246 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.0.85 for the period ended September 30, 2021 as compared to Rs.-0.91 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹ 74.7073 crs ₹0.0030 crs Up Tick / Down Tick2,490,143.33%
Net Profit ₹7.0408 crs ₹-0.8246 crs Up Tick / Down Tick953.84%
EPS ₹0.85 ₹-0.91 Up Tick / Down Tick193.41%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.124.8541 crores during the 6 Months period ended September 30, 2021 as compared to Rs.0.053 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.10.9093 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-0.8599 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.1.33 for the 6 Months period ended September 30, 2021 as compared to Rs.-0.95 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹124.8541 crs ₹0.053 crs Up Tick / Down Tick235,473.77%
Net Profit ₹10.9093 crs ₹-0.8599 crs Up Tick / Down Tick1,368.67%
EPS ₹1.33 ₹-0.95 Up Tick / Down Tick240.00%

Shares of Balu Forge Industries Ltd was last trading in BSE at Rs. 259.75 as compared to the previous close of Rs. 257.50. The total number of shares traded during the day was 800 in over 29 trades.

The stock hit an intraday high of Rs. 263.50 and intraday low of 254.00. The net turnover during the day was Rs. 208807.00.

Source : Equity Bulls

Keywords

BaluForgeIndustries Q2FY22 H1FY22 ResultUpdate