Sona Blw Precision Forgings Q2 FY24 results: profit rise by 33.83% YOY
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.FAQsQuestion : What is the Q2 FY24 profit/Loss as per company?Ans : ₹123.85CrQuestion : What is Q2 FY24 revenue?Ans : ₹787.47Cr"Exciting news! Mint is now on WhatsApp Channels
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