Stock Report

Vardhman Special Steels Ltd Q2FY23 PAT drops QoQ to Rs. 28.01 crores



Posted On : 2022-11-01 16:53:15( TIMEZONE : IST )

Vardhman Special Steels Ltd Q2FY23 PAT drops QoQ to Rs. 28.01 crores

Vardhman Special Steels Limited 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. 457.3668 crores during the period ended September 30, 2022 as compared to Rs. 475.0751 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 28.0101 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 30.2960 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 6.86 for the period ended September 30, 2022 as compared to Rs. 7.42 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 457.3668 crs ₹475.0751 crs Up Tick / Down Tick-3.73%
Net Profit ₹28.0101 crs ₹30.2960 crs Up Tick / Down Tick-7.55%
EPS ₹6.86 ₹7.42 Up Tick / Down Tick-7.55%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 457.3668 crores during the period ended September 30, 2022 as compared to Rs.338.3925 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.28.0101 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.24.2920 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.6.86 for the period ended September 30, 2022 as compared to Rs.5.94 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 457.3668 crs ₹338.3925 crs Up Tick / Down Tick35.16%
Net Profit ₹28.0101 crs ₹24.2920 crs Up Tick / Down Tick15.31%
EPS ₹6.86 ₹5.94 Up Tick / Down Tick15.49%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.932.4419 crores during the 6 Months period ended September 30, 2022 as compared to Rs.671.1722 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.58.3061 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.52.0893 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.14.28 for the 6 Months period ended September 30, 2022 as compared to Rs.12.76 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹932.4419 crs ₹671.1722 crs Up Tick / Down Tick38.93%
Net Profit ₹58.3061 crs ₹52.0893 crs Up Tick / Down Tick11.93%
EPS ₹14.28 ₹12.76 Up Tick / Down Tick11.91%

Shares of Vardhman Special Steels Limited was last trading in BSE at Rs. 262.40 as compared to the previous close of Rs. 260.10. The total number of shares traded during the day was 5395 in over 297 trades.

The stock hit an intraday high of Rs. 266.80 and intraday low of 260.00. The net turnover during the day was Rs. 1420397.00.

Source : Equity Bulls

Keywords

VardhmanSpecialSteels Q2FY23 H1FY23 ResultUpdate VSSL