{"id":156288,"date":"2023-11-16T03:38:42","date_gmt":"2023-11-16T08:38:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156288"},"modified":"2023-11-16T03:38:43","modified_gmt":"2023-11-16T08:38:43","slug":"ifb-industries-ltd-q2fy24-8-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ifb-industries-ltd-q2fy24-8-fall-in-profits\/","title":{"rendered":"IFB Industries Ltd Q2FY24; 8% fall in Profits"},"content":{"rendered":"<p>IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. It is engaged in the business of manufacturing diverse parts and accessories for motor vehicles etc. and home appliances products.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>IFB Industries Ltd reported Revenues for Q2FY24 of \u20b91,101.00 Crores down from \u20b91,118.00 Crore year on year, a fall of 1.52%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b91,075.00 Crores down from \u20b91,085.00 Crores year on year, a fall of 0.92%.<\/li>\n<li>Consolidated Net Profit of \u20b922.00 Crores down 8.33% from \u20b924.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b95.31, down 10.76% from \u20b95.95 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206-839x1024.png\" alt=\"\" class=\"wp-image-156289\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-206.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. It is engaged in the business of manufacturing diverse parts and accessories for motor vehicles etc. and home appliances products. Financial Results: IFB Industries Ltd reported Revenues for Q2FY24 of [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9973],"class_list":["post-156288","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-automotive"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153912,"url":"https:\/\/alphastreet.com\/india\/ifb-agro-industries-ltd-q1fy24-87-fall-in-profits\/","url_meta":{"origin":156288,"position":0},"title":"IFB Agro Industries Ltd Q1FY24; 87% fall in Profits","author":"Hardik Bhandare","date":"August 15, 2023","format":false,"excerpt":"IFB Agro Industries Ltd is primarily engaged in the business of manufacturing alcohol, bottling of branded alcoholic beverages as well as processed marine foods both for domestic and export markets. \u00a0 Financial Results: IFB Agro Industries Ltd reported Revenues for Q1FY24 of \u20b9231.86 Crores down from \u20b9333.68 Crore year on\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1074.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162820,"url":"https:\/\/alphastreet.com\/india\/ifb-industries-ltd-q4fy24-7-rise-in-revenue\/","url_meta":{"origin":156288,"position":1},"title":"IFB Industries Ltd Q4FY24; 7% rise in Revenue","author":"Divyansh_Kasana","date":"July 8, 2024","format":false,"excerpt":"IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. It is engaged in the business of manufacturing diverse parts and accessories for motor vehicles etc. and home appliances products. Financial Results: IFB Industries Ltd\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-57.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150388,"url":"https:\/\/alphastreet.com\/india\/ifb-industries-ltd-q1fy24-32-rise-in-profits\/","url_meta":{"origin":156288,"position":2},"title":"IFB Industries Ltd Q1FY24; 32% rise in Profits","author":"Hardik Bhandare","date":"July 28, 2023","format":false,"excerpt":"IFB Industries Limited originally known as Indian Fine Blanks Limited started its operations in India in 1974 in collaboration with Heinrich Schmid AG of Switzerland. 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Started in 1976 as a small-scale Iron Foundry unit, Jayaswal Neco Industries Limited (Foundry Division) is now a producer of Iron & steel castings. 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