Foseco India Ltd Q2 CY2024 net profit at Rs. 18.50 crores

Foseco India Limited has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q2 CY2024) - QoQ Comparison

The company has reported total income of Rs. 129.0513 crores during the period ended June 30, 2024 as compared to Rs. 126.1329 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 18.5031 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 15.8472 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 28.97 for the period ended June 30, 2024 as compared to Rs. 24.81 for the period ended March 31, 2024.

Financials	Q2 CY2024	Q1 CY2024	% Change
Total Income	₹ 129.0513 crs	₹126.1329 crs	2.31%
Net Profit	₹18.5031 crs	₹15.8472 crs	16.76%
EPS	₹28.97	₹24.81	16.77%

Financial Results (Q2 CY2024) - YoY Comparison

The company has reported total income of Rs. 129.0513 crores during the period ended June 30, 2024 as compared to Rs.126.5813 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.18.5031 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.27.6646 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.28.97 for the period ended June 30, 2024 as compared to Rs.43.32 for the period ended June 30, 2023.

Financials	Q2 CY2024	Q2 CY2023	% Change
Total Income	₹ 129.0513 crs	₹126.5813 crs	1.95%
Net Profit	₹18.5031 crs	₹27.6646 crs	-33.12%
EPS	₹28.97	₹43.32	-33.13%

Financial Results (Half Year Ended CY2024) - YoY Comparison

The company has reported total income of Rs.255.1842 crores during the 6 Months period ended June 30, 2024 as compared to Rs.242.7335 crores during the 6 Months period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.34.3503 crores for the 6 Months period ended June 30, 2024 as against net profit / (loss) of Rs.41.9012 crores for the 6 Months period ended June 30, 2023.

The company has reported EPS of Rs.53.79 for the 6 Months period ended June 30, 2024 as compared to Rs.65.61 for the 6 Months period ended June 30, 2023.

Financials	Half Year Ended CY2024	Half Year Ended CY2023	% Change
Total Income	₹255.1842 crs	₹242.7335 crs	5.13%
Net Profit	₹34.3503 crs	₹41.9012 crs	-18.02%
EPS	₹53.79	₹65.61	-18.02%

Shares of Foseco India Limited was last trading in BSE at Rs. 4523.30 as compared to the previous close of Rs. 4111.25. The total number of shares traded during the day was 1845 in over 642 trades.

The stock hit an intraday high of Rs. 4614.40 and intraday low of 4209.30. The net turnover during the day was Rs. 8271496.00.

Source : Equity Bulls

Keywords

FosecoIndia Q2CY24 H1CY2024 Q2CY2024 ResultUpdate