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Stock Report
Balu Forge Industries Ltd reports Rs. 28.27 crores consolidated profit in Q4 FY2024
Posted On : 2024-05-15 20:24:05( TIMEZONE : IST )
Balu Forge Industries Ltd has reported Consolidated financial results for the period ended March 31, 2024.
Financial Results (Q4 FY2024) - QoQ Comparison
The company has reported total income of Rs. 165.5538 crores during the period ended March 31, 2024 as compared to Rs. 148.9390 crores during the period ended December 31, 2023.
The company has posted net profit / (loss) of Rs. 28.2788 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 25.4546 crores for the period ended December 31, 2023.
The company has reported EPS of Rs. 2.74 for the period ended March 31, 2024 as compared to Rs. 2.57 for the period ended December 31, 2023.
| Financials | Q4 FY2024 | Q3 FY2024 | % Change |
| Total Income | ₹ 165.5538 crs | ₹148.9390 crs |  11.16% |
| Net Profit | ₹28.2788 crs | ₹25.4546 crs | 11.10% |
| EPS | ₹2.74 | ₹2.57 | 6.61% |
Financial Results (Q4 FY2024) - YoY Comparison
The company has reported total income of Rs. 165.5538 crores during the period ended March 31, 2024 as compared to Rs.124.3293 crores during the period ended March 31, 2023.
The company has posted net profit / (loss) of Rs.28.2788 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.15.2384 crores for the period ended March 31, 2023.
The company has reported EPS of Rs.2.74 for the period ended March 31, 2024 as compared to Rs.1.83 for the period ended March 31, 2023.
| Financials | Q4 FY2024 | Q4 FY2023 | % Change |
| Total Income | ₹ 165.5538 crs | ₹124.3293 crs | 33.16% |
| Net Profit | ₹28.2788 crs | ₹15.2384 crs | 85.58% |
| EPS | ₹2.74 | ₹1.83 | 49.73% |
Financial Results (Year Ended FY2024) - YoY Comparison
The company has reported total income of Rs.570.2705 crores during the Financial Year ended March 31, 2024 as compared to Rs.339.2848 crores during the Financial Year ended March 31, 2023.
The company has posted net profit / (loss) of Rs.93.6734 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.38.9129 crores for the Financial Year ended March 31, 2023.
The company has reported EPS of Rs.9.74 for the Financial Year ended March 31, 2024 as compared to Rs.4.67 for the Financial Year ended March 31, 2023.
| Financials | Year Ended FY2024 | Year Ended FY2023 | % Change |
| Total Income | ₹570.2705 crs | ₹339.2848 crs | 68.08% |
| Net Profit | ₹93.6734 crs | ₹38.9129 crs | 140.73% |
| EPS | ₹9.74 | ₹4.67 | 108.57% |
Shares of Balu Forge Industries Ltd was last trading in BSE at Rs. 303.75 as compared to the previous close of Rs. 302.75. The total number of shares traded during the day was 258224 in over 4427 trades.
The stock hit an intraday high of Rs. 309.00 and intraday low of 295.30. The net turnover during the day was Rs. 78391824.00.
