Sona BLW Precision Forgings Ltd Q3FY23 consolidated profit increases to Rs. 107.10 crores

Sona BLW Precision Forgings Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 688.226 crores during the period ended December 31, 2022 as compared to Rs. 660.224 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 107.101 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 92.546 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.83 for the period ended December 31, 2022 as compared to Rs. 1.58 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹688.226 crs	₹660.224 crs	4.24%
Net Profit	₹107.101 crs	₹92.546 crs	15.73%
EPS	₹1.83	₹1.58	15.82%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.688.226 crores during the period ended December 31, 2022 as compared to Rs.499.184 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.107.101 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.86.438 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.83 for the period ended December 31, 2022 as compared to Rs.1.48 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹688.226 crs	₹499.184 crs	37.87%
Net Profit	₹107.101 crs	₹86.438 crs	23.90%
EPS	₹1.83	₹1.48	23.65%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1938.695 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1586.344 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.275.486 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.256.883 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.4.71 for the 9 Months period ended December 31, 2022 as compared to Rs.4.42 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1938.695 crs	₹1586.344 crs	22.21%
Net Profit	₹275.486 crs	₹256.883 crs	7.24%
EPS	₹4.71	₹4.42	6.56%

Shares of Sona BLW Precision Forgings Limited was last trading in BSE at Rs. 432.20 as compared to the previous close of Rs. 417.80. The total number of shares traded during the day was 117363 in over 6205 trades.

The stock hit an intraday high of Rs. 435.95 and intraday low of 416.10. The net turnover during the day was Rs. 49980776.00.

Source : Equity Bulls

Keywords

SonaBLWPrecisionForgings Q3FY23 9MFY23 ResultUpdate