Sona BLW Precision Forgings has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 56.73% rise in its net profit at Rs 130.49 crore for Q2FY24 as compared to Rs 83.26 crore for the same quarter in the previous year. Total income of the company increased by 22.98% at Rs 745.68 crore for Q2FY24 as compared Rs 606.35 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 34.05% rise in its net profit at Rs 124.06 crore for the quarter under review as compared to Rs 92.55 crore for the same quarter in the previous year. Total income of the company increased by 20.70% at Rs 796.91 crore for Q2FY24 as compared Rs 660.22 crore for the corresponding quarter previous year.
