Foseco India (500150) Q4 2024 earnings summary

Executive summary

• FY2024 revenue from operations rose to ₹52,478.39 lakh from ₹47,740.90 lakh; net profit was ₹7,302.74 lakh versus ₹7,298.31 lakh.

• Q4 revenue from operations was ₹13,646 lakh versus ₹12,232.34 lakh; net profit increased to ₹1,954.71 lakh from ₹1,631.27 lakh.

Financial highlights

• FY2024 total income was ₹54,301.70 lakh versus ₹49,888.95 lakh; total expenses were ₹44,468.29 lakh versus ₹41,562.09 lakh.

• FY2024 profit before tax was ₹9,833.41 lakh versus ₹9,515.38 lakh; the prior year included a ₹1,188.50 lakh gain on surrender of leasehold rights.

• Q4 profit before tax was ₹2,629.82 lakh versus ₹2,179.95 lakh in Q4 2023; the prior-year quarter included a ₹40 lakh exceptional gain.

Segment performance

• One reportable segment: metallurgical products and services.