Panchmahal Steel Ltd Q1FY23 profit falls QOQ to Rs. 9.85 crores

PANCHMAHAL STEEL 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. 135.1508 crores during the period ended June 30, 2022 as compared to Rs. 144.5281 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 9.8553 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 14.80 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 5.17 for the period ended June 30, 2022 as compared to Rs. 7.76 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 135.1508 crs	₹144.5281 crs	-6.49%
Net Profit	₹9.8553 crs	₹14.80 crs	-33.41%
EPS	₹5.17	₹7.76	-33.38%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 135.1508 crores during the period ended June 30, 2022 as compared to Rs.91.4367 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.9.8553 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.6.3480 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.5.17 for the period ended June 30, 2022 as compared to Rs.3.33 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 135.1508 crs	₹91.4367 crs	47.81%
Net Profit	₹9.8553 crs	₹6.3480 crs	55.25%
EPS	₹5.17	₹3.33	55.26%

Shares of PANCHMAHAL STEEL LTD. was last trading in BSE at Rs. 142.40 as compared to the previous close of Rs. 140.00. The total number of shares traded during the day was 20196 in over 80 trades.

The stock hit an intraday high of Rs. 147.85 and intraday low of 136.00. The net turnover during the day was Rs. 2827994.00.

Source : Equity Bulls

Keywords

PanchmahalSteel Q1FY23 ResultUpdate