Stock Report

Steelcast Ltd Q2FY23 net profit up at Rs. 17.56 crores

Posted On : 2022-10-21 13:38:28( TIMEZONE : IST )

STEELCAST LTD. has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 121.7962 crores during the period ended September 30, 2022 as compared to Rs. 115.9238 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 17.5609 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 14.1377 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 8.68 for the period ended September 30, 2022 as compared to Rs. 6.99 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 121.7962 crs	₹115.9238 crs	5.07%
Net Profit	₹17.5609 crs	₹14.1377 crs	24.21%
EPS	₹8.68	₹6.99	24.18%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 121.7962 crores during the period ended September 30, 2022 as compared to Rs.77.5217 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.17.5609 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.9.8105 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.8.68 for the period ended September 30, 2022 as compared to Rs.4.85 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 121.7962 crs	₹77.5217 crs	57.11%
Net Profit	₹17.5609 crs	₹9.8105 crs	79.00%
EPS	₹8.68	₹4.85	78.97%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.237.72 crores during the 6 Months period ended September 30, 2022 as compared to Rs.130.1317 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.31.6986 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.15.1036 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.15.66 for the 6 Months period ended September 30, 2022 as compared to Rs.7.46 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹237.72 crs	₹130.1317 crs	82.68%
Net Profit	₹31.6986 crs	₹15.1036 crs	109.87%
EPS	₹15.66	₹7.46	109.92%

Shares of STEELCAST LTD. was last trading in BSE at Rs. 453.10 as compared to the previous close of Rs. 439.15. The total number of shares traded during the day was 2012 in over 152 trades.

The stock hit an intraday high of Rs. 460.00 and intraday low of 448.10. The net turnover during the day was Rs. 911562.00.