Balu Forge Q3 results: Ashish Kacholia portfolio co reports 134% YoY PAT jump, revenue up 74%

Synopsis

Balu Forge Q3 Results: Balu Forge posted a 134% YoY leap successful Q3FY25 nett net astatine ₹59 crore, with gross surging 74% to ₹256 crore. EBITDA margins expanded to 26.47%, driven by operational efficiencies and high-margin products. The institution besides announced strategical diversification plans.

Ashish Kacholia portfolio institution Balu Forge reported stellar net connected Friday posting a 134% year-on-year leap successful the December 4th nett net astatine Rs 59 crore versus Rs 25 crore successful the twelvemonth agone period. The Q3FY25 gross from operations stood astatine Rs 256 crore versus Rs 147 crore successful the corresponding 4th of the past fiscal year. This was a 74% uptick connected a YoY basis.

The Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood astatine Rs 68 crore successful the reported 4th versus Rs 33 crore successful Q3FY24, witnessing a 107% jump.

The ace capitalist held 1.73% involvement successful the institution astatine the extremity of December quarter.

Commenting connected the show of Q3FY25, Trimaan Chandock, Executive Director of BFIL, said that the institution is pleased to study a beardown show driven by a robust request for its specialised engineering products.

EBITDA accrued by 107% portion the EBITDA margins expanded by 422 bps from 22.24% successful Q3FY24 to 26.47% successful Q3FY25, supported by operational efficiencies and a absorption connected high-margin worth added niche products, the institution filing said.

Also Read: LIC Q3 Results: Cons PAT jumps 16% YoY to Rs 11,009 crore, nett premium income down 9%

For 9M FY25, gross grew 64% to Rs 654 crore compared to Rs 399 crore successful 9M FY24. The EBITDA accrued 108% to Rs 176 crore successful 9MFY25 arsenic compared to Rs 85 crore successful Q3FY24, with EBITDA margins expanding by 568 bps from 21.25% successful 9M FY24 to 26.93% successful 9MFY25.

The nine-month PAT grew by 116.34% to Rs 1,411.67 successful 9MFY25 arsenic compared to Rs 652.53 cardinal successful 9MFY24, with PAT margins improving by 504 bps from 16.13% successful 9MFY24 to 21.17% successful 9MFY25.

The institution has signed a Memorandum of Understanding (MoU)...