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Tirupati Forge- Standalone Q3- Net profit rises to Rs. 3.24 lacs against loss of Rs.25.94 lacs in Q3-FY20


Tirupati Forge – Standalone Q3-FY21 Revenue reached Rs. 7.32 crore against Rs. 7.11 crore in Q3-FY20

Company : Tirupati Forge Limited

Tirupati Forge announced its financial results for the quarter and period ended on 31st December, 2020.

Financials for Standalone Q3 at Tirupati Forge in FY20-21 are as follows:

- Revenue reached Rs. 7.32 crore while previous year corresponding period it was Rs. 7.11 crore.

- Net profit rises to Rs. 3.24 lacs against loss of Rs.25.94 lacs in a year ago period.

- Loss per share of Rs.0.25 in a year ago period.

Standalone financials for the 9 months period ended on 31st December 2020 at Tirupati Forge are as follows:

- Revenue was Rs. 19.41 crore whereas in the last year same period it was Rs. 20.65 crore.

- Net profit was Rs.25.39 lacs against Rs. 5.76 lacs in a year ago period

- Earning per share was Rs. 0.23 against Rs 0.06 in the corresponding period previous year.

Standalone annual revenue in FY19-20 reached Rs. 27.96 crore with net profit of Rs.27.50 lacs and Earning per share was Rs.0.26 at Tirupati Forge.

STANDALONE FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS ENDED DECEMBER 31,2020

Result
Rs. in Lacs
Quarter
Ended
Quarter
Ended
Nine Months Ended Nine Months Ended Year
Ended
31/12/2020 31/12/2019 31/12/2020 31/12/2019 2019-2020
Income Statement
Revenue 727.63 709.58 1915.88 2046.79 2761.37
Other Income 5.14 2.26 25.44 18.32 35.57
Total Income 732.77 711.84 1941.32 2065.11 2796.94
Expenditure 663.93 689.04 1718.44 1869.11 2525.88
Interest 16.10 11.36 40.81 44.84 51.79
PBDT 52.74 11.44 182.07 151.16 219.27
Depreciation 49.63 48.17 146.92 144.50 182.07
PBT 3.11 -36.73 35.15 6.66 37.2
Tax 0.13 10.79 9.76 0.9 9.7
Net Profit 3.24 -25.94 25.39 5.76 27.5
Equity 1120.00 1120.00 1120.00 1120.00 1120.00
EPS 0.03 -0.25 0.23 0.06 0.27

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