Balu Forge Industries (531112) Q1 24/25 earnings summary

Executive summary

• Q1 FY25 consolidated revenue was Rs 17,530.90 lakh and net profit after tax was Rs 3,416.71 lakh; standalone revenue was Rs 12,299.35 lakh and net profit was Rs 2,405.72 lakh.

• Board approved unaudited Q1 FY25 standalone and consolidated results and recommended a final dividend of Rs 0.15 per Rs 10 equity share for FY24, subject to shareholder approval.

Financial highlights

• Standalone Q1 FY25 revenue from operations was Rs 12,299.35 lakh, versus Rs 6,962.45 lakh in Q1 FY24; total income was Rs 12,418.28 lakh.

• Standalone Q1 FY25 PBT was Rs 3,180.46 lakh and net profit after tax was Rs 2,405.72 lakh, versus Rs 1,270.47 lakh and Rs 1,030.91 lakh, respectively, in Q1 FY24.

• Consolidated Q1 FY25 revenue from operations was Rs 17,530.90 lakh, versus Rs 11,238.49 lakh in Q1 FY24; total income was Rs 17,636.73 lakh.

• Consolidated Q1 FY25 PBT was Rs 4,191.45 lakh and net profit after tax was Rs 3,416.71 lakh, versus Rs 1,906.57 lakh and Rs 1,667.01 lakh, respectively, in Q1 FY24.

Segment performance

• Manufacturing of crankshafts, other forged components and related activities is the sole reportable operating segment; performance and resource allocation are assessed on a business-wide basis.