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(14/05/2025 18:40)

Balu Forge Industrie Q4 net profit jumps 85.81% at Rs 38.50 cr

The company reported standalone net profit of Rs 38.50 crore for the quarter ended March 31, 2025 as compared to Rs 20.72 crore in the same period last year, registering a year-on-year growth of 85.81 per cent.

Net revenue of the company rose substantially by 39.94 per cent at Rs 157.50 crore in January-March quarter of this fiscal as against Rs 112.55 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 24.42 per cent to Rs 106.96 crore from Rs 85.97 crore in year ago period.

Other Income dipped by 3.13 per cent at Rs 4.34 crore versus (Mar'24 Rs 4.48 crore).

Operating Profit surged by 90.21 per cent to Rs 50.54 crore as against Rs 26.57 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 35.92 per cent in March quarter.

Interest grew by 20.45 per cent y-o-y to Rs 4.24 crore, while Taxation increased by 79.50 per cent at Rs 11.38 crore (Mar'24 Rs 6.34 crore).