{"id":14840,"date":"2022-08-19T11:19:02","date_gmt":"2022-08-19T11:19:02","guid":{"rendered":"https:\/\/financialtelegraph.in\/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:\/\/financialtelegraph.in\/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":"<div class=\"dsprime\"><img decoding=\"async\" width=\"525\" height=\"394\" src=\"https:\/\/primexnewsnetwork.com\/wp-content\/uploads\/2022\/08\/ANI-B-25.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p><strong>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<p>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<p>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<p>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<p>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","protected":false},"excerpt":{"rendered":"<p>Rajkot (Gujarat) [India], August 19: 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 &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2022\/08\/19\/tirupati-forge-marks-all-round-growth-for-q1-of-f-y-2022-23\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":14841,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-14840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/14840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=14840"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/14840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/14841"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=14840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=14840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=14840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}