Sona Blw Precision Forgings declared their Q2 FY24 results on 25 Oct, 2023. The topline increased by 20.61% & the profit increased by 33.83% YoY. As compared to the previous quarter the revenue grew by 7.67% and the profit increased by 10.55%.
The Selling, general & administrative expenses rose by 12.01% q-o-q & increased by 24.64% Y-o-Y.
The operating income was up by 8.08% q-o-q & increased by 35.83% Y-o-Y.
The EPS is ₹2.19 for Q2 FY24 which increased by 38.33% Y-o-Y.
Sona Blw Precision Forgings has delivered -8.35% return in the last 1 week, 10.28% return in the last 6 months and 22.23% YTD return.
Currently, Sona Blw Precision Forgings has a market cap of ₹30017.18 Cr and 52wk high/low of ₹625.95 & ₹398.05 respectively.
As of 27 Oct, 2023, out of 15 analysts covering the company, 1 analyst has given a Strong Sell rating, 4 analysts have given a Sell rating, 2 analysts have given a Hold rating, 4 analysts have given a Buy rating, and 4 analysts have given a Strong Buy rating.
The consensus recommendation as of 27 Oct, 2023, was to Hold.
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 787.47 | 731.38 | +7.67% | 652.91 | +20.61% |
| Selling/ General/ Admin Expenses Total | 55.03 | 49.13 | +12.01% | 44.15 | +24.64% |
| Depreciation/ Amortization | 53.41 | 51.06 | +4.62% | 42.92 | +24.45% |
| Total Operating Expense | 626.76 | 582.69 | +7.56% | 534.59 | +17.24% |
| Operating Income | 160.7 | 148.69 | +8.08% | 118.31 | +35.83% |
| Net Income Before Taxes | 164.14 | 149.51 | +9.79% | 121.31 | +35.3% |
| Net Income | 123.85 | 112.03 | +10.55% | 92.55 | +33.83% |
| Diluted Normalized EPS | 2.19 | 1.95 | +12.3% | 1.58 | +38.33% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹123.85Cr
Question : What is Q2 FY24 revenue?
Ans : ₹787.47Cr
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Updated: 27 Oct 2023, 02:54 AM IST