Net profit of Balu Forge Industries rose 85.56% to Rs 28.28 crore in the quarter ended March 2024 as against Rs 15.24 crore during the previous quarter ended March 2023. Sales rose 30.21% to Rs 161.17 crore in the quarter ended March 2024 as against Rs 123.78 crore during the previous quarter ended March 2023.
For the full year,net profit rose 140.74% to Rs 93.67 crore in the year ended March 2024 as against Rs 38.91 crore during the previous year ended March 2023. Sales rose 71.40% to Rs 559.86 crore in the year ended March 2024 as against Rs 326.64 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 161.17 | 123.78 | 30 | 559.86 | 326.64 | 71 |
| OPM % | 21.34 | 16.70 | - | 21.28 | 15.24 | - |
| PBDT | 35.24 | 17.70 | 99 | 115.90 | 51.89 | 123 |
| PBT | 34.61 | 17.27 | 100 | 113.84 | 50.57 | 125 |
| NP | 28.28 | 15.24 | 86 | 93.67 | 38.91 | 141 |