Stock Report

Sona BLW Precision Forgings Ltd posts Rs. 112.03 crores consolidated net profit in Q1 FY2024

Posted On : 2023-07-28 02:05:42( TIMEZONE : IST )

Sona BLW Precision Forgings Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 737.532 crores during the period ended June 30, 2023 as compared to Rs. 748.487 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 112.035 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 119.808 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.91 for the period ended June 30, 2023 as compared to Rs. 2.05 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 737.532 crs	₹748.487 crs	-1.46%
Net Profit	₹112.035 crs	₹119.808 crs	-6.49%
EPS	₹1.91	₹2.05	-6.83%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 737.532 crores during the period ended June 30, 2023 as compared to Rs.590.245 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.112.035 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.75.841 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.91 for the period ended June 30, 2023 as compared to Rs.1.30 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 737.532 crs	₹590.245 crs	24.95%
Net Profit	₹112.035 crs	₹75.841 crs	47.72%
EPS	₹1.91	₹1.30	46.92%

Shares of Sona BLW Precision Forgings Limited was last trading in BSE at Rs. 591.60 as compared to the previous close of Rs. 597.25. The total number of shares traded during the day was 58742 in over 2264 trades.

The stock hit an intraday high of Rs. 605.00 and intraday low of 586.55. The net turnover during the day was Rs. 35110664.00.