Foseco India (500150) Q3 2024 earnings summary

Executive summary

• Q3 revenue from operations was Rs. 14,074.81 lakh and net profit was Rs. 1,913.00 lakh; both exceeded the corresponding Q3 2023 figures.

• The Board approved the unaudited Q3 and nine-month results on November 13, 2024; the statutory auditors issued an unmodified limited review conclusion.

Financial highlights

• Q3 revenue from operations was Rs. 14,074.81 lakh vs Rs. 12,318.65 lakh YoY; total income was Rs. 14,501.29 lakh vs Rs. 12,980.76 lakh.

• Q3 profit before tax, before exceptional items, was Rs. 2,580.22 lakh vs Rs. 2,088.86 lakh; net profit was Rs. 1,913.00 lakh vs Rs. 1,476.94 lakh.

• 9M revenue from operations was Rs. 38,831.48 lakh vs Rs. 35,508.56 lakh; net profit was Rs. 5,348.03 lakh vs Rs. 5,667.04 lakh.

Segment performance

• One reportable segment: metallurgical products and services.