Sona BLW Precision Forgings Ltd announces Q2FY22 results

The Board of Directors of Sona BLW Precision Forgings Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 586.247 crore, against ₹384.797 crore in the corresponding quarter of the previous year (YoY) and ₹500.914 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹88.23 crore, against ₹72.155 crore in the corresponding quarter of the previous year (YoY) and ₹82.229 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.51, against ₹1.26 in the corresponding quarter of the previous year (YoY) and ₹1.43 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 586.247 crs	₹500.914 crs	17.04%	₹384.797 crs	52.35%
Net Profit	₹88.23 crs	₹82.229 crs	7.30%	₹72.155 crs	22.28 %
EPS	₹1.51	₹1.43	5.59%	₹1.26	19.84%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹1087.161 crore, against ₹539.749 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹170.459 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹72.108 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹2.94 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.26 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹1087.161 crs	₹539.749 crs	101.42%
Net Profit	₹170.459 crs	₹72.108 crs	136.39%
EPS	₹2.94	₹1.26	133.33%

Shares of Sona BLW Precision Forgings Limited was last trading in BSE at Rs. 615.25 as compared to the previous close of Rs. 639.75. The total number of shares traded during the day was 167331 in over 9441 trades.

The stock hit an intraday high of Rs. 649.00 and intraday low of 611.75. The net turnover during the day was Rs. 105186215.00.

Source : Equity Bulls

Keywords

SonaBLWPrecisionForgings Q2FY22 H1FY22 ResultUpdate