Shyam Century Ferrous Ltd reports Q1FY23 net profit of Rs. 7.06 crores

Shyam Century Ferrous Limited 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. 33.8985 crores during the period ended June 30, 2022 as compared to Rs. 62.6747 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 7.0625 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 21.2140 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.32 for the period ended June 30, 2022 as compared to Rs. 0.95 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 33.8985 crs	₹62.6747 crs	-45.91%
Net Profit	₹7.0625 crs	₹21.2140 crs	-66.71%
EPS	₹0.32	₹0.95	-66.32%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 33.8985 crores during the period ended June 30, 2022 as compared to Rs.39.3627 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.7.0625 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.8.1083 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.32 for the period ended June 30, 2022 as compared to Rs.0.36 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 33.8985 crs	₹39.3627 crs	-13.88%
Net Profit	₹7.0625 crs	₹8.1083 crs	-12.90%
EPS	₹0.32	₹0.36	-11.11%

Shares of Shyam Century Ferrous Limited was last trading in BSE at Rs. 21.75 as compared to the previous close of Rs. 22.70. The total number of shares traded during the day was 271686 in over 922 trades.

The stock hit an intraday high of Rs. 23.80 and intraday low of 21.60. The net turnover during the day was Rs. 6202043.00.

Source : Equity Bulls

Keywords

ShyamCenturyFerrous Q1FY23 ResultUpdate