Foseco India standalone net profit rises 33.03% in the December 2023 quarter

Sales rise 15.71% to Rs 122.32 crore

Net profit of Foseco India rose 33.03% to Rs 16.31 crore in the quarter ended December 2023 as against Rs 12.26 crore during the previous quarter ended December 2022. Sales rose 15.71% to Rs 122.32 crore in the quarter ended December 2023 as against Rs 105.71 crore during the previous quarter ended December 2022.

For the full year,net profit rose 58.76% to Rs 72.98 crore in the year ended December 2023 as against Rs 45.97 crore during the previous year ended December 2022. Sales rose 17.37% to Rs 477.41 crore in the year ended December 2023 as against Rs 406.74 crore during the previous year ended December 2022.

ParticularsQuarter EndedYear EndedDec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var.Sales122.32105.71 16 477.41406.74 17 OPM %15.9717.08 -14.5915.43 - PBDT23.6920.00 18 91.0570.23 30 PBT21.4016.26 32 83.2661.33 36 NP16.3112.26 33 72.9845.97 59

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