Stock Report

Manaksia Steels Ltd Q2 FY2023 consolidated profit at Rs. 2.46 crore

Posted On : 2022-11-11 22:54:01( TIMEZONE : IST )

Manaksia Steels Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 158.6166 crores during the period ended September 30, 2022 as compared to Rs. 194.4402 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.4640 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.6575 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 0.38 for the period ended September 30, 2022 as compared to Rs. 0.10 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 158.6166 crs	₹194.4402 crs	-18.42%
Net Profit	₹2.4640 crs	₹0.6575 crs	274.75%
EPS	₹0.38	₹0.10	280.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 158.6166 crores during the period ended September 30, 2022 as compared to Rs.111.6122 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.4640 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.5.8282 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.0.38 for the period ended September 30, 2022 as compared to Rs.0.89 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 158.6166 crs	₹111.6122 crs	42.11%
Net Profit	₹2.4640 crs	₹5.8282 crs	-57.72%
EPS	₹0.38	₹0.89	-57.30%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.353.0566 crores during the 6 Months period ended September 30, 2022 as compared to Rs.252.4205 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.1215 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.16.9784 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.0.48 for the 6 Months period ended September 30, 2022 as compared to Rs.2.59 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹353.0566 crs	₹252.4205 crs	39.87%
Net Profit	₹3.1215 crs	₹16.9784 crs	-81.61%
EPS	₹0.48	₹2.59	-81.47%

Shares of Manaksia Steels Limited was last trading in BSE at Rs. 37.20 as compared to the previous close of Rs. 37.20. The total number of shares traded during the day was 2633 in over 70 trades.

The stock hit an intraday high of Rs. 37.95 and intraday low of 37.05. The net turnover during the day was Rs. 98641.00.