Foseco India Ltd Q1 CY2024 net profit down QoQ at Rs. 15.84 crores

Foseco India Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q1 CY2024) - QoQ Comparison

The company has reported total income of Rs. 126.1329 crores during the period ended March 31, 2024 as compared to Rs. 126.5558 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 15.8472 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 16.3127 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 24.81 for the period ended March 31, 2024 as compared to Rs. 25.54 for the period ended December 31, 2023.

Financials	Q1 CY2024	Q4 CY2023	% Change
Total Income	₹126.1329 crs	₹126.5558 crs	-0.33%
Net Profit	₹15.8472 crs	₹16.3127 crs	-2.85%
EPS	₹24.81	₹25.54	-2.86%

Financial Results (Q1 CY2024) - YoY Comparison

The company has reported total income of Rs.126.1329 crores during the period ended March 31, 2024 as compared to Rs.116.1522 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.15.8472 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.14.2366 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.24.81 for the period ended March 31, 2024 as compared to Rs.22.29 for the period ended March 31, 2023.

Financials	Q1 CY2024	Q1 CY2023	% Change
Total Income	₹126.1329 crs	₹116.1522 crs	8.59%
Net Profit	₹15.8472 crs	₹14.2366 crs	11.31%
EPS	₹24.81	₹22.29	11.31%

Shares of Foseco India Limited was last trading in BSE at Rs. 3713.10 as compared to the previous close of Rs. 3599.50. The total number of shares traded during the day was 1637 in over 702 trades.

The stock hit an intraday high of Rs. 3796.00 and intraday low of 3609.00. The net turnover during the day was Rs. 6100719.00.

Source : Equity Bulls

Keywords

FosecoIndia Q1CY2024 ResultUpdate