Federal-Mogul Goetze (India) Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

Total expenditure added up to Rs 394.61 crore, up 4% YoY. The decline in raw material costs (down 3.1% YoY) was offset by higher employee expenses (up 9.5% YoY) and higher other expenses (up 0.9% YoY).

Profit before tax in Q2 FY25 stood at Rs 57.21 crore, up by 22.5% from Rs 46.71 crore in Q2 FY24. Total tax outgo for the period under review was Rs 17.95 crore, up 27.4% YoY.

Federal-Mogul Goetze (India) is engaged in the manufacturing of auto components, primarily focusing on pistons and piston rings.

The scrip added 0.10% to currently trade at Rs 388.90 on the BSE.

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Net profit of Federal-Mogul Goetze (India) rose 18.94% to Rs 38.24 crore in the quarter ended September 2024 as against Rs 32.15 crore during the previous quarter ended September 2023. Sales rose 4.88% to Rs 463.71 crore in the quarter ended September 2024 as against Rs 442.12 crore during the previous quarter ended September 2023.

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Federal-Mogul Goetze (India) has revised the meeting of the Board of Directors which was scheduled to be held on 13 November 2024. The meeting will now be held on 14 November 2024.

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Federal-Mogul Goetze (India) will hold a meeting of the Board of Directors of the Company on 13 November 2024

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