{"id":15798,"date":"2022-08-19T11:19:02","date_gmt":"2022-08-19T11:19:02","guid":{"rendered":"https:\/\/latestgoldnews.com\/index.php\/2022\/08\/19\/tirupati-forge-marks-all-round-growth-for-q1-of-f-y-2022-23\/"},"modified":"2022-08-19T11:19:02","modified_gmt":"2022-08-19T11:19:02","slug":"tirupati-forge-marks-all-round-growth-for-q1-of-f-y-2022-23","status":"publish","type":"post","link":"https:\/\/latestgoldnews.com\/index.php\/2022\/08\/19\/tirupati-forge-marks-all-round-growth-for-q1-of-f-y-2022-23\/","title":{"rendered":"Tirupati Forge marks all round growth for Q1 of F.Y. 2022-23"},"content":{"rendered":"
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Rajkot (Gujarat) [India], August 19<\/strong>: Tirupati Forge Limited, a Rajkot based company engaged in the manufacturing and exporting of carbon steel forged flanges, forged components and other automotive components has posted spectacular performance for the Q1 of F.Y. 2022-23 against Q1 of F.Y. 2021-22. It has not only posted near 100 per cent growth in the topline, but has also marked 395% growth in the bottom line.<\/p>\n

As per the audited results announced by the company, it has posted turnover of Rs. 26.05 cr. with a net profit of Rs. 3.08 cr. for the Q1 of F.Y. 2022-23 compared to a turnover of Rs. 13.05 cr. with a net profit of Rs. 0.62 cr. for the corresponding previous period.<\/p>\n

It has an installed capacity of 25000 MTPA and over 90% production is earmarked for exports. Tirupati is accredited with ISO-9001:2015 certification, PED-AD 2000 and CRN. The brand is well known globally and is being exported to USA, Canada, and European and Aftrican countries.<\/p>\n

Tirupati Forge Ltd. is currently listed on NSE Main Board platform and its last traded price is Rs. 13.60 (FV of Rs. 2). It has posted last 52 weeks high\/low of Rs. 17.05\/ Rs. 8.81. For the financial year 2021-22, it earned net profit of Rs. 6.22 cr. on a turnover of Rs. 89.30 cr.\u00a0 Promoters are holding 57.59% shares as of March 31, 2022. In October 2021, The Company alloted bonus shares in the ratio of 3 shares for every 4 shares held.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n

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The post Tirupati Forge marks all round growth for Q1 of F.Y. 2022-23<\/a> appeared first on Republic News Today<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Read Time:1 Minute, 30 Second Rajkot (Gujarat) [India], August 19: Tirupati Forge Limited, a Rajkot based company engaged<\/p>\n","protected":false},"author":1,"featured_media":15799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[54],"class_list":["post-15798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts\/15798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=15798"}],"version-history":[{"count":0,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/posts\/15798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/media\/15799"}],"wp:attachment":[{"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=15798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=15798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latestgoldnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=15798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}