Balu Forge Industries Ltd

Balu Forge Industries EBITDA Up 106.95%, Margins Expand to 26.47%

EBITDA grew by 106.95% and margins expanded by 422 bps from 22.24% in Q3FY24 to 26.47% in Q3FY25 owing to increase in scale of operations and increased demand for heavier products which tend to yield better margins.