Stock Report

Zenith Steel Pipes and Industries Ltd Q2FY23 consolidated loss at Rs. 13.95 crores



Posted On : 2022-11-15 23:27:52( TIMEZONE : IST )

Zenith Steel Pipes and Industries Ltd Q2FY23 consolidated loss at Rs. 13.95 crores

Zenith Steel Pipes & Industries 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. 55.2348 crores during the period ended September 30, 2022 as compared to Rs. 60.4507 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -13.9584 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 0.0113 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.98 for the period ended September 30, 2022 as compared to Rs. 0.0007 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 55.2348 crs ₹60.4507 crs Up Tick / Down Tick-8.63%
Net Profit ₹-13.9584 crs ₹0.0113 crs Up Tick / Down Tick-123,625.66%
EPS ₹-0.98 ₹0.0007 Up Tick / Down Tick-140,100.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 55.2348 crores during the period ended September 30, 2022 as compared to Rs.41.7272 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-13.9584 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-3.3868 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.98 for the period ended September 30, 2022 as compared to Rs.-0.24 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 55.2348 crs ₹41.7272 crs Up Tick / Down Tick32.37%
Net Profit ₹-13.9584 crs ₹-3.3868 crs Up Tick / Down Tick312.14%
EPS ₹-0.98 ₹-0.24 Up Tick / Down Tick308.33%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.115.6856 crores during the 6 Months period ended September 30, 2022 as compared to Rs.61.7496 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-13.9471 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-5.2232 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-0.98 for the 6 Months period ended September 30, 2022 as compared to Rs.-0.37 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹115.6856 crs ₹61.7496 crs Up Tick / Down Tick87.35%
Net Profit ₹-13.9471 crs ₹-5.2232 crs Up Tick / Down Tick167.02%
EPS ₹-0.98 ₹-0.37 Up Tick / Down Tick164.86%

Shares of Zenith Steel Pipes & Industries Limited was last trading in BSE at Rs. 5.06 as compared to the previous close of Rs. 5.16. The total number of shares traded during the day was 77505 in over 229 trades.

The stock hit an intraday high of Rs. 5.25 and intraday low of 5.05. The net turnover during the day was Rs. 396602.00.

Source : Equity Bulls

Keywords

ZenithSteelPipesandIndustries Q2FY23 H1FY23 ResultUpdate