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Tirupati Forge standalone net profit declines 66.78% in the December 2022 quarter

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Capital Market

Sales decline 38.08% to Rs 16.78 crore

Net profit of Tirupati Forge declined 66.78% to Rs 1.02 crore in the quarter ended December 2022 as against Rs 3.07 crore during the previous quarter ended December 2021. Sales declined 38.08% to Rs 16.78 crore in the quarter ended December 2022 as against Rs 27.10 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales16.7827.10 -38 OPM %12.9918.30 -PBDT2.064.81 -57 PBT1.414.09 -66 NP1.023.07 -67

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First Published: Feb 01 2023 | 7:31 AM IST

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