Steel Exchange India Ltd Q1FY23 net profit slumps to Rs. 8.12 crores

has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 361.0881 crores during the period ended June 30, 2022 as compared to Rs. 373.4078 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 8.1292 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 112.4794 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.91 for the period ended June 30, 2022 as compared to Rs. 12.88 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 361.0881 crs	₹373.4078 crs	-3.30%
Net Profit	₹8.1292 crs	₹112.4794 crs	-92.77%
EPS	₹0.91	₹12.88	-92.93%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 361.0881 crores during the period ended June 30, 2022 as compared to Rs.263.1388 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.8.1292 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.7.9787 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.91 for the period ended June 30, 2022 as compared to Rs.1.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 361.0881 crs	₹263.1388 crs	37.22%
Net Profit	₹8.1292 crs	₹7.9787 crs	1.89%
EPS	₹0.91	₹1.02	-10.78%

Source : Equity Bulls

Keywords

SteelExchangeIndia Q1FY23 ResultUpdate