Kalyani Forge Ltd Q3FY23 PAT rises to Rs. 2.77 crore

Kalyani Forge Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 71.4445 crores during the period ended December 31, 2022 as compared to Rs. 75.4226 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.7742 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -1.0791 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 7.63 for the period ended December 31, 2022 as compared to Rs. -2.97 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹71.4445 crs	₹75.4226 crs	-5.27%
Net Profit	₹2.7742 crs	₹-1.0791 crs	357.08%
EPS	₹7.63	₹-2.97	356.90%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.71.4445 crores during the period ended December 31, 2022 as compared to Rs.61.31 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.7742 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.48 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.7.63 for the period ended December 31, 2022 as compared to Rs.1.33 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹71.4445 crs	₹61.31 crs	16.53%
Net Profit	₹2.7742 crs	₹0.48 crs	477.96%
EPS	₹7.63	₹1.33	473.68%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.207.3485 crores during the 9 Months period ended December 31, 2022 as compared to Rs.180.60 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.8481 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.37 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.7.83 for the 9 Months period ended December 31, 2022 as compared to Rs.6.52 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹207.3485 crs	₹180.60 crs	14.81%
Net Profit	₹2.8481 crs	₹2.37 crs	20.17%
EPS	₹7.83	₹6.52	20.09%

Shares of Kalyani Forge Limited was last trading in BSE at Rs. 241.50 as compared to the previous close of Rs. 230.00. The total number of shares traded during the day was 1461 in over 15 trades.

The stock hit an intraday high of Rs. 241.50 and intraday low of 222.55. The net turnover during the day was Rs. 348568.00.

Source : Equity Bulls

Keywords

KalyaniForge Q3FY23 9MFY23 ResultUpdate