Bombay Coated and Special Steels (BCSSL) Q4 23/24 earnings summary

Executive summary

• FY24 revenue rose to Rs 7,55,25,90,761 from Rs 5,90,87,53,286; net profit after tax was Rs 21,22,94,481.

• Metal and metal ores manufacturing remained the principal business, with operations reported across Bhiwandi, Wada, Rajasthan and Sricity.

Financial highlights

• Total revenue was Rs 7,55,25,90,761 versus Rs 5,90,87,53,286 in FY23; total expenses were Rs 7,37,05,74,839 versus Rs 5,70,67,75,365.

• Profit before tax was Rs 28,35,08,982 versus Rs 21,41,69,632; net profit after tax was Rs 21,22,94,481 versus Rs 15,98,52,263.

• The P&L reports revenue from operations of Rs 75,52,591 thousand and other income of Rs 1,01,493 thousand; finance costs were Rs 2,59,229 thousand.

Segment performance

• Four location-based segments reported sales revenue of 1,57,45,59,191 for Bhiwandi, 3,59,14,29,579 for Wada, 2,32,08,93,591 for Rajasthan and 8,30,13,353 for Sricity.

• Segment PBT was 74,997 for Bhiwandi, 1,62,500 for Wada, 58,988 for Rajasthan and (12,977) for Sricity; total segment PBT was 2,83,508.