Earnings | Balu Forge Industries Ltd (NSE: BELAGRO): Q4FY23 Results Out; Total Income rises 42% YoY.

Balu Forge Industries Ltd is a manufacturing company that specializes in the production of fully finished and semi-finished forged crankshafts and components. The company has the ability to manufacture components that comply with the latest emission regulations and new energy vehicle standards. With a focus on innovation and technology, Balu Forge Industries has established itself as a leading player in the automotive industry. The company has state-of-the-art manufacturing facilities and a highly skilled workforce that allows it to deliver high-quality products to its customers.

• Balu Forge Industries Ltd reported Total Income for Q4 FY23 of ₹124 Crore up from ₹87 Crore year on year, a growth of 42%.
• Total Expenses for Q4 FY23 of ₹107 Crore up from ₹74 Crore year on year, a growth of 44%.
• Consolidated Net Profit of ₹15 Crore, up 50% from ₹10 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹1.83, up 40% from ₹1.43 in the same quarter of the previous year.