Stock Report

Balu Forge Industries Ltd posts Rs. 15.23 crores consolidated PAT in Q4 FY2023

Posted On : 2023-05-09 23:55:09( TIMEZONE : IST )

Balu Forge Industries Ltd has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 124.3293 crores during the period ended March 31, 2023 as compared to Rs. 92.0146 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 15.2384 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 11.4520 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.83 for the period ended March 31, 2023 as compared to Rs. 1.37 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹124.3293 crs	₹92.0146 crs	35.12%
Net Profit	₹15.2384 crs	₹11.4520 crs	33.06%
EPS	₹1.83	₹1.37	33.58%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.124.3293 crores during the period ended March 31, 2023 as compared to Rs.87.4919 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.15.2384 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.10.6367 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.83 for the period ended March 31, 2023 as compared to Rs.1.29 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹124.3293 crs	₹87.4919 crs	42.10%
Net Profit	₹15.2384 crs	₹10.6367 crs	43.26%
EPS	₹1.83	₹1.29	41.86%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.339.2848 crores during the Financial Year ended March 31, 2023 as compared to Rs.294.6054 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.38.9129 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.29.8443 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.4.67 for the Financial Year ended March 31, 2023 as compared to Rs.3.61 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹339.2848 crs	₹294.6054 crs	15.17%
Net Profit	₹38.9129 crs	₹29.8443 crs	30.39%
EPS	₹4.67	₹3.61	29.36%

Shares of Balu Forge Industries Ltd was last trading in BSE at Rs. 108.21 as compared to the previous close of Rs. 110.71. The total number of shares traded during the day was 254074 in over 2258 trades.

The stock hit an intraday high of Rs. 115.70 and intraday low of 107.05. The net turnover during the day was Rs. 28206536.00.