Steelcast Ltd posts rise in Q1FY23 net profit to Rs. 14.13 crores

STEELCAST LTD. 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. 115.9238 crores during the period ended June 30, 2022 as compared to Rs. 93.1618 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 14.1377 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 9.6312 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 6.99 for the period ended June 30, 2022 as compared to Rs. 4.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 115.9238 crs	₹93.1618 crs	24.43%
Net Profit	₹14.1377 crs	₹9.6312 crs	46.79%
EPS	₹6.99	₹4.76	46.85%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 115.9238 crores during the period ended June 30, 2022 as compared to Rs.52.6101 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.14.1377 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.5.2932 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.6.99 for the period ended June 30, 2022 as compared to Rs.2.62 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 115.9238 crs	₹52.6101 crs	120.35%
Net Profit	₹14.1377 crs	₹5.2932 crs	167.09%
EPS	₹6.99	₹2.62	166.79%

Shares of STEELCAST LTD. was last trading in BSE at Rs. 448.15 as compared to the previous close of Rs. 442.05. The total number of shares traded during the day was 3570 in over 351 trades.

The stock hit an intraday high of Rs. 450.00 and intraday low of 431.10. The net turnover during the day was Rs. 1583291.00.

Source : Equity Bulls

Keywords

Steelcast Q1FY23 ResultUpdate