Rajkot (Gujarat) [India], August 18 (ANI/PNN): 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 per cent growth in the bottom line.

Also Read | @RyanNijakowski @kfc Honestly, Solid Rationale – Latest Tweet by IMDb.

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.

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.

Also Read | Thiruchitrambalam Full Movie in HD Leaked on Torrent Sites & Telegram Channels for Free Download and Watch Online; Dhanush, Nithya Menen’s Film Is the Latest Victim of Piracy?.

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. Promoters are holding 57.59 per cent 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.

This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)