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04-Feb-2025

M M Forgings

NP decreased 20.84%


'On consolidated basis

Quarter ended December 2024 compared with Quarter ended December 2023.

Net sales (including other operating income) of M M Forgings has declined 6.18% to Rs 374.09 crore.  Operating profit margin has jumped from 18.89% to 19.55%, leading to 2.89% decline in operating profit to Rs 73.13 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 47.97% to 40.43%.   Employee cost increased from 8.88% to 11.21%.   Other expenses rose from 24.72% to 28.15%.   Power and Oil fuel cost fell from 9.53% to 9.01%.   

Other income fell 34.81% to Rs 3.52 crore.  PBIDT fell 5.03% to Rs 76.65 crore.  Provision for interest rose 41.59% to Rs 15.49 crore.  

PBDT fell 12.34% to Rs 61.16 crore.  Provision for depreciation rose 7.81% to Rs 22.65 crore.  

Profit before tax down 21.02% to Rs 38.51 cror...



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