Stock Report

Balu Forge Industries Ltd Q2 FY2024-25 consolidated net profit climbs to Rs. 48.14 crores

Posted On : 2024-10-21 21:39:47( TIMEZONE : IST )

Balu Forge Industries Ltd has reported Consolidated financial results for the period ended September 30, 2024.

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 225.3794 crores during the period ended September 30, 2024 as compared to Rs. 176.3673 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 48.1420 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 34.1671 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 4.26 for the period ended September 30, 2024 as compared to Rs. 3.26 for the period ended June 30, 2024.

Financials	Q2 FY2025	Q1 FY2025	% Change
Total Income	₹225.3794 crs	₹176.3673 crs	27.79%
Net Profit	₹48.1420 crs	₹34.1671 crs	40.90%
EPS	₹4.26	₹3.26	30.67%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs.225.3794 crores during the period ended September 30, 2024 as compared to Rs.143.2856 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.48.1420 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.23.2699 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.4.26 for the period ended September 30, 2024 as compared to Rs.2.47 for the period ended September 30, 2023.

Financials	Q2 FY2025	Q2 FY2024	% Change
Total Income	₹225.3794 crs	₹143.2856 crs	57.29%
Net Profit	₹48.1420 crs	₹23.2699 crs	106.89%
EPS	₹4.26	₹2.47	72.47%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.401.7467 crores during the 6 Months period ended September 30, 2024 as compared to Rs.255.7777 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.82.3091 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.39.94 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.7.39 for the 6 Months period ended September 30, 2024 as compared to Rs.4.50 for the 6 Months period ended September 30, 2023.

Financials	Half Year Ended FY2025	Half Year Ended FY2024	% Change
Total Income	₹401.7467 crs	₹255.7777 crs	57.07%
Net Profit	₹82.3091 crs	₹39.94 crs	106.08%
EPS	₹7.39	₹4.50	64.22%

Shares of Balu Forge Industries Ltd was last trading in BSE at Rs. 826.40 as compared to the previous close of Rs. 842.55. The total number of shares traded during the day was 129386 in over 4875 trades.

The stock hit an intraday high of Rs. 873.95 and intraday low of 818.00. The net turnover during the day was Rs. 109206403.00.