Balu forge Industries Share: Balu Forge Industries has recorded strong results in the third quarter of FY25. In the December quarter, the company’s net profit increased from ₹ 25 crore to 134 per cent to ₹ 59 crore in the same quarter last year. Let us know that this stock is also included in the portfolio of giant investor Ashish Kacholia. The company’s shares saw a rise of 1.10 per cent on Friday and the stock has closed at Rs 649.80 on BSE.
The company’s market cap is Rs 7111.53 crore. The stock has given a spectacular return of 144 per cent in the last one year.
Balu Forge Industries quarterly results
The revenue of Balu Forge Industries increased by 74 per cent to ₹ 256 crore in the December quarter, while in Q3Fy24 it was ₹ 147 crore. Ebitda was ₹ 68 crore, which is 107 percent more than the previous year’s ₹ 33 crore. The company’s Ebitda margin increased by 422 basis points, which increased from 22.24 per cent in Q3Fy24 to 26.47 per cent in Q3Fy25. By December 2024, Kacholia had a 1.73 per cent stake in the sand forge.
In a period of nine months, the Net Profit (PAT) of Balu Forge Industries increased from ₹ 65.25 crore to 116.34 per cent to ₹ 141.16 crore, while the PAT margin increased from 504 basis point to 21.17%.
Balu Forge Industries compromise with Swan Energy
Balu Forge Industries has signed an agreement with Swan Energy Limited, under which a strategic expansion plans to set up a special Purpose Vehicle (SPV). The company will work for large industries like defense, aerospace, railway and nuclear sector. The company said, “With this new step, we will be able to create a strong position in areas rapidly growing and technology.”
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