Results     26-May-22
Announcements
M M Forgings consolidated net profit declines 10.49% in the March 2022 quarter
Sales rise 9.06% to Rs 322.37 crore
Net profit of M M Forgings declined 10.49% to Rs 28.42 crore in the quarter ended March 2022 as against Rs 31.75 crore during the previous quarter ended March 2021. Sales rose 9.06% to Rs 322.37 crore in the quarter ended March 2022 as against Rs 295.59 crore during the previous quarter ended March 2021.

For the full year,net profit rose 140.99% to Rs 111.00 crore in the year ended March 2022 as against Rs 46.06 crore during the previous year ended March 2021. Sales rose 52.22% to Rs 1122.97 crore in the year ended March 2022 as against Rs 737.75 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear Ended
 Mar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.
Sales322.37295.59 9 1122.97737.75 52
OPM %16.8620.03 -17.1017.44 -
PBDT53.6953.50 0 195.15114.26 71
PBT36.8535.02 5 127.3949.67 156
NP28.4231.75 -10 111.0046.06 141

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 ( Market Commentary - Mid-Session 18-May-23   14:38 )
  M M Forgings consolidated net profit declines 10.49% in the March 2022 quarter
 ( Results - Announcements 26-May-22   08:06 )
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