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Sona BLW Precision Forgings reports marginal rise in Q2 consolidated net profit

01 Nov 2022 Evaluate

Sona BLW Precision Forgings has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 10.95% in its net profit at Rs 83.26 crore for the quarter under review as compared to Rs 75.04 crore for the same quarter in the previous year. Total income of the company increased by 14.85% at Rs 606.35 crore for Q2FY23 as compared Rs 527.95 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 4.90% in its net profit at Rs 92.55 crore for the quarter under review as compared to Rs 88.23 crore for the same quarter in the previous year. Total income of the company increased by 12.62% at Rs 660.22 crore for Q2FY23 as compared Rs 586.25 crore for the corresponding quarter previous year.

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