Balu Forge Industries Limited
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Balu Forge Industries Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 300% to $5,598,558,000. The net income raised on $936,734,000 and profit margin reached 17%. Total operating expenses were $1,768,263,000.

Profit Margin

Balu Forge Industries Limited (NSE:BALUFORGE.NS): Profit margin
2021 1.39B 76.18M 5.44%
2024 5.59B 936.73M 16.73%

BALUFORGE.NS Income Statement (2020 – 2023)

2023 2020
Revenue
Revenue
5.59B1.39B
Cost of revenue
3.76B1.10B
Gross profit
1.83B292.45M
Operating exp.
Research and development
11.47M15.04M
Selling and marketing
243.99M56.55M
Total operating expenses
1.76B181.47M
Operating income
1.43B159.15M
Other income (expenses), net
-300.34M-131.10M
Income before tax
1.13B97.39M
Income tax expense
201.69M21.20M
Net income
936.73M76.18M
Earnings per share
Basic EPS
9.82.13
Diluted EPS
9.741.89
Data sourceData source