{"id":35762,"date":"2025-02-10T18:48:11","date_gmt":"2025-02-10T13:18:11","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/02\/10\/balu-forge-industries-ltd-announces-q3fy25-financial-results-pat-rises-134-09-percent-yoy-to-inr-590-06-mn\/"},"modified":"2025-02-10T18:48:11","modified_gmt":"2025-02-10T13:18:11","slug":"balu-forge-industries-ltd-announces-q3fy25-financial-results-pat-rises-134-09-percent-yoy-to-inr-590-06-mn","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/02\/10\/balu-forge-industries-ltd-announces-q3fy25-financial-results-pat-rises-134-09-percent-yoy-to-inr-590-06-mn\/","title":{"rendered":"Balu Forge Industries Ltd announces Q3FY25 Financial Results, PAT rises 134.09 Percent YoY to INR 590.06 Mn"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], February 10:<\/strong> Balu Forge Industries Ltd. (BFIL), a leading precision engineering and manufacturing company, approved its unaudited Consolidated Financial Results for the quarter ended 31st December 2024, in the meeting of its Board of Directors held on 7th February 2025.<\/p>\n\n\n\n\n\n\n\n
Particulars\u00a0(in\u00a0\u20b9\u00a0Mn)<\/td>\nQ3FY25<\/td>\nQ3FY24<\/td>\n% increase<\/td>\n<\/tr>\n
Revenue<\/td>\n2,557.83<\/td>\n1,470.75<\/td>\n73.91%<\/td>\n<\/tr>\n
PAT\u00a0(Profit\u00a0After\u00a0Tax)<\/td>\n590.06<\/td>\n252.07<\/td>\n134.09%<\/td>\n<\/tr>\n
EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation)<\/td>\n677.00<\/td>\n327.14<\/td>\n106.95%<\/td>\n<\/tr>\n
Total\u00a0Comprehensive\u00a0Income<\/td>\n604.35<\/td>\n254.21<\/td>\n137.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*Amount\u00a0in Mn<\/p>\n

Consolidated\u00a0Financial\u00a0Highlights\u00a0for\u00a0the\u00a0Q3\u00a0FY25:<\/strong><\/p>\n

    \n
  1. BFIL registered a robust revenue growth of\u00a0<\/em>73.91%\u00a0<\/strong>YoY and revenue from operations stood at INR\u00a0<\/strong><\/em>2,557.83\u00a0<\/strong>Mn in Q3FY25 compared to INR\u00a0<\/em>1,470.75\u00a0Mn in Q3FY24 because of the constant focus on client addition and continued demand for the specialized engineering products.<\/em><\/li>\n
  2. EBITDA grew by\u00a0106.95%\u00a0<\/strong>and margins expanded by\u00a0422 bps\u00a0<\/strong>from 22.24% in Q3FY24 to\u00a026.47%\u00a0<\/strong>in Q3FY25 owing to increase in scale of operations and increased demand for heavier products which tend to yield better margins.<\/em><\/li>\n
  3. PAT grew by\u00a0<\/em>134.09%\u00a0<\/em><\/strong>and PAT margins improved by\u00a0528 bps\u00a0<\/strong>from 16.95% in Q3FY24 to\u00a022.24%\u00a0<\/strong>in Q3FY25.<\/em><\/li>\n<\/ol>\n

    Commenting\u00a0on\u00a0the\u00a0performance\u00a0of\u00a0Q3FY25,\u00a0Mr.\u00a0Trimaan\u00a0Chandock, Executive Director of BFIL stated:<\/strong><\/p>\n

    We are pleased to report strong performance for Q3FY25, with revenue growing 73.91% to INR 2,557.83 Mn in Q3FY25, from INR 1,470.75 Mn in Q3FY24, driven by a robust demand for our specialized engineering products.<\/p>\n

    EBITDA increased by 106.95% to INR 677.00 Mn in Q3FY25 as compared to INR 327.14 Mn, with EBITDA margins expanding by 422 bps from 22.24% in Q3FY24 to 26.47% in Q3FY25, supported by operational efficiencies and a focus on high-margin value added niche products.<\/p>\n

    PAT grew\u00a0134.09%\u00a0from INR 252.07 Mn in Q3FY24 to\u00a0INR 590.06 Mn\u00a0in\u00a0Q3FY25, with PAT margins improved by\u00a0528 bps\u00a0from 16.95% in Q3FY24 to\u00a022.24%\u00a0in Q3FY25.<\/p>\n

    For 9M FY25, revenue grew\u00a064.03%\u00a0to\u00a0INR 6,539.71 Mn, compared to INR 3,986.85 Mn in 9M FY24. EBITDA increased\u00a0107.85%\u00a0to\u00a0INR 1,761.26 Mn\u00a0in\u00a09MFY25\u00a0as compared to INR 847.36 Mn in Q3FY24, with EBITDA margins expanding by\u00a0568 bps\u00a0from 21.25% in 9M FY24 to\u00a026.93%\u00a0in 9MFY25.<\/p>\n

    PAT grew by\u00a0116.34%\u00a0to\u00a0INR 1,411.67\u00a0in 9MFY25 as compared to INR 652.53 Mn in 9MFY24, with PAT margins improved by\u00a0504 bps\u00a0from 16.13% in 9MFY24 to\u00a021.17%\u00a0in 9MFY25.<\/p>\n

    These results highlight our resilient business model and strong market positioning, setting the stage for continued growth. Our success stems from strategies like portfolio expansion, client diversification, and delivering solutions across key sectors. As the Indian forging industry benefits from China+1 and Europe+1, Balu Forge is investing in innovation and partnerships for sustainable growth and global expansion.<\/p>\n

    In addition to our financial performance, this quarter saw significant advancements in strategic initiatives:<\/p>\n