{"id":106655,"date":"2023-08-10T11:32:14","date_gmt":"2023-08-10T06:02:14","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=106655"},"modified":"2023-08-10T11:32:16","modified_gmt":"2023-08-10T06:02:16","slug":"balu-forge-industries-q1-results-pat-grew-by-43","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/balu-forge-industries-q1-results-pat-grew-by-43\/","title":{"rendered":"Balu Forge Industries Q1 Results: PAT grew by 43%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1773053145\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>A cutting-edge producer of fully finished and semi-finished forged engines and forged components is Balu Forge Industries. The company has benefited from incremental innovation and ongoing improvement by becoming the only one with the capacity to produce components that are compliant with the New Emissions Regulations and the New Energy Vehicles.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3436465892\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/531112\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Balu Forge Industries<\/a><\/strong> on Wednesday posted a 43 per cent rise in consolidated profit after tax to Rs 15.24 crore for the June quarter on the back of higher income.<\/p><p>It had clocked a profit after tax of Rs 10.64 crore in the April-June period last year, the company said in a regulatory filing.<\/p><p>The company&#8217;s total income went up to Rs 124.33 crore in the first quarter of the current fiscal from Rs 87.49 crore in the year-ago period.<\/p><div class=\"trade-content_5\" id=\"trade-681492553\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>On a standalone basis, the company&#8217;s profit after tax rose to Rs 11.59 crore from Rs 10.90 crore a year ago while revenues increased to Rs 83.49 crore from Rs 82.28 crore.<\/p><div class=\"trade-after-content\" id=\"trade-347042654\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>A cutting-edge producer of fully finished and semi-finished forged engines and forged components is Balu Forge Industries. The company has benefited from incremental innovation and ongoing improvement by becoming the only one with the capacity to produce components that are compliant with the New Emissions Regulations and the New Energy Vehicles. Balu Forge Industries on [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":46165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-106655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Balu Forge Industries Q1 Results: PAT grew by 43% - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"A cutting-edge producer of fully finished and semi-finished forged engines and forged components is Balu Forge Industries. 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