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Foseco India Ltd Q2FY24; 36% rise in Profits

Incorporated in 1958, Foseco India Limited is engaged in the manufacture of products used in the metallurgical industry which are in the nature of additives and consumables that improve the physical properties and performance of castings.

Financial Results:

Foseco India Ltd reported Revenues for Q2FY24 of ₹123.00 Crores up from ₹103.00 Crore year on year, a rise of 19.42%.

Total Expenses for Q2FY24 of ₹109.00 Crores up from ₹90.00 Crores year on year, a rise of 21.11%.

Consolidated Net Profit of ₹15.00 Crores up 36.36% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹23.13, up 35.18% from ₹17.11 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Metals
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