Balu Forge Industries on August 9 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.
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.
The company'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.
On a standalone basis, the company'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. PTI ABI TRB RAM RAM
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