Balu Forge Industries · NSE: BALUFORGE · BSE: 531112

Q2 FY24 results · Jul–Sep 2023

Balu Forge Industries reported revenue from operations of ₹139.22 crore (up 129.9% from Q2 FY23) and net profit of ₹23.27 crore (up 382.2% from Q2 FY23) for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations139.2260.56+129.9%112.38+23.9%
Other income4.066.58−38.3%0.1138x
Total income143.2967.13+113.4%112.49+27.4%
Profit before tax29.967.34+307.9%19.07+57.2%
Net profit for the period23.274.83+382.2%16.67+39.6%
EPS, basic (₹)2.470.58not comparable2.00not comparable
Net margin (%)16.78.014.8
Standalone · ₹ crore
ItemQ2 FY24Q2 FY23YoYQ1 FY24QoQ
Revenue from operations102.0355.13+85.1%69.62+46.5%
Other income4.156.40−35.3%0.1429x
Total income106.1861.53+72.5%69.77+52.2%
Profit before tax24.136.96+246.5%12.70+89.9%
Net profit for the period17.444.44+292.4%10.31+69.1%
EPS, basic (₹)1.850.53not comparable1.24not comparable
Net margin (%)17.18.114.8
Consolidated
Filed with BSE
21 Nov 2023, 11:28 IST
Board meeting
31 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
21 Nov 2023, 11:28 IST
Board meeting
31 Oct 2023
Period
01 Jul 2023 to 30 Sep 2023
Review status
Unaudited
Source
XBRL filing on BSE