Ahmednagar Forgings standalone net profit rises 23.13% in the September 2014 quarter

Sales rise 32.19% to Rs 612.12 crore

Net profit of Ahmednagar Forgings rose 23.13% to Rs 44.34 crore in the quarter ended September 2014 as against Rs 36.01 crore during the previous quarter ended September 2013. Sales rose 32.19% to Rs 612.12 crore in the quarter ended September 2014 as against Rs 463.07 crore during the previous quarter ended September 2013.

For the full year,net profit rose 11.42% to Rs 193.08 crore in the year ended September 2014 as against Rs 173.29 crore during the previous year ended September 2013. Sales rose 39.47% to Rs 2295.37 crore in the year ended September 2014 as against Rs 1645.78 crore during the previous year ended September 2013.

ParticularsQuarter EndedYear EndedSep. 2014Sep. 2013% Var.Sep. 2014Sep. 2013% Var.Sales612.12463.07 32 2295.371645.78 39 OPM %26.2723.33 -26.7927.70 - PBDT102.4585.16 20 418.96354.91 18 PBT63.8260.85 5 282.38256.96 10 NP44.3436.01 23 193.08173.29 11

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