Balu Forge Industries Limited — Updates, 21-10-2024: Press Release

Balu Forge Industries Ltd reported a strong Q2FY25, with revenue increasing 60.1% year-over-year to ₹2,228.7 million and a profit after tax (PAT) rising 106.9% to ₹481.4 million. EBITDA grew 116.5%, reflecting improved operational efficiency. The company is investing in new capabilities and expanding its workforce, driven by rising demand and a robust order book in precision engineering markets, including agreements in sectors like Railways and Defence.