Conference Call with Bharat Wire Ropes Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Bharat Wire Ropes announced Q4FY23 & FY23 results: Q4FY23: Revenue from Operations Rs 1,623 million, up +21% YoY EBITDA Rs 457 million, up +116% YoY EBITDA Margins 28.16%, up +1,240 bps YoY PAT Rs 159 million, up +107% YoY PAT Margins 9.80%, up +408 bps Diluted EPS Rs 2.48/share, up +102% YoY FY23: Revenue from Operations Rs 5,891 million, up +43.4% YoY EBITDA Rs 1,388 million, up +123% YoY EBITDA Margins 23.56%, up +844 bps YoY PAT Rs 622 million, up +354% YoY PAT Margins 10.56%, up +722 bps Diluted EPS Rs 9.68/share, up +346% YoY Sales volumes increased by 13% YoY in FY23 Current capacity utilisation is approximately 60-62% Result PDF