Zenith Steel Pipes and Industries Ltd Q1FY23 consolidated profit at Rs. 1.13 lakhs

Zenith Steel Pipes & Industries Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 60.4507 crores during the period ended June 30, 2022 as compared to Rs. 56.4311 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0113 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 14.6886 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.02 for the period ended June 30, 2022 as compared to Rs. 1.04 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 60.4507 crs	₹56.4311 crs	7.12%
Net Profit	₹0.0113 crs	₹14.6886 crs	-99.92%
EPS	₹0.02	₹1.04	-98.08%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 60.4507 crores during the period ended June 30, 2022 as compared to Rs.20.0224 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0113 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-1.8248 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.02 for the period ended June 30, 2022 as compared to Rs.-0.12 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 60.4507 crs	₹20.0224 crs	201.92%
Net Profit	₹0.0113 crs	₹-1.8248 crs	100.62%
EPS	₹0.02	₹-0.12	116.67%

Shares of Zenith Steel Pipes & Industries Limited was last trading in BSE at Rs. 6.56 as compared to the previous close of Rs. 6.56. The total number of shares traded during the day was 66462 in over 189 trades.

The stock hit an intraday high of Rs. 6.79 and intraday low of 6.41. The net turnover during the day was Rs. 438796.00.

Source : Equity Bulls

Keywords

ZenithSteelPipesandIndustries Q1FY23 ResultUpdate