Results     20-Nov-17
Analysis
Kalyani Forge
Better performance expected in H2 FY 18
Related Tables
 Kalyani Forge : Standalone Results
For the quarter ended Sep 17, Kalyani Forge registered 11% growth in net sales to Rs 68.54 crore. OPM was however lower by 150 bps to 8.7% resulting in a 6% decrease in OP to Rs 5.96 crore. Other income was up by 189% to Rs 0.78 crore. Interest costs was higher by 28% to Rs 1.68 crore and depreciation was up by 20% at Rs 3.17 crore. PBT stood at Rs 1.89 crore down by 28% YoY. After paying total tax of Rs 0.63 crore, PAT for the Sep 17 quarter stood at Rs 1.26 crore down by 27% on YoY basis.

Performance for the 6 months ended Sep 17

For the 6 months ended Sep 17, net sales stood at Rs 125.50 crore up by 8% YoY. OPM stood at 7.8% down by 180 bps resulting in a 12% decrease in OP to Rs 9.81 crore. Other income was higher by 234% to Rs 1.57 crore. Interest cost is higher by 22% to Rs 2.82 crore. Depreciation was higher by 10% to Rs 5.89 crore. PBT was lower by 33% to Rs 2.67 crore. Total tax stood at Rs 0.90 crore down by 35%. PAT for 6 months ended Sep 17 stood at Rs 1.77 crore down by 32% YoY.

Previous News
  Kalyani Forge reports standalone net profit of Rs 1.30 crore in the September 2023 quarter
 ( Results - Announcements 13-Nov-23   07:47 )
  Board of Kalyani Forge recommends final dividend
 ( Corporate News - 22-May-19   11:55 )
  Kalyani Forge reports standalone net profit of Rs 4.01 crore in the March 2018 quarter
 ( Results - Announcements 14-May-18   16:55 )
  Kalyani Forge to declare Quarterly Result
 ( Corporate News - 21-Jul-18   11:31 )
  Kalyani Forge standalone net profit declines 10.43% in the June 2023 quarter
 ( Results - Announcements 12-Aug-23   07:44 )
  Kalyani Forge to table results
 ( Corporate News - 04-Aug-17   10:42 )
  Kalyani Forge standalone net profit rises 102.00% in the June 2016 quarter
 ( Results - Announcements 03-Aug-16   16:06 )
  Kalyani Forge to convene board meeting
 ( Corporate News - 05-Aug-22   15:30 )
  Kalyani Forge to hold board meeting
 ( Corporate News - 07-Aug-23   10:58 )
  Kalyani Forge
 ( Results - Analysis 14-May-18   12:26 )
  Kalyani Forge to hold board meeting
 ( Corporate News - 03-Nov-16   16:31 )
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