Stock Report

Steel Strips Wheels Ltd Q3 FY2023 PAT drops QOQ to Rs. 43.76 crores



Posted On : 2023-01-30 12:38:36( TIMEZONE : IST )

Steel Strips Wheels Ltd Q3 FY2023 PAT drops QOQ to Rs. 43.76 crores

has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 940.4828 crores during the period ended December 31, 2022 as compared to Rs. 1084.7291 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 43.7656 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 54.6074 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.79 for the period ended December 31, 2022 as compared to Rs. 3.49 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹940.4828 crs ₹1084.7291 crs Up Tick / Down Tick-13.30%
Net Profit ₹43.7656 crs ₹54.6074 crs Up Tick / Down Tick-19.85%
EPS ₹2.79 ₹3.49 Up Tick / Down Tick-20.06%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.940.4828 crores during the period ended December 31, 2022 as compared to Rs.862.2165 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.43.7656 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.42.6915 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.79 for the period ended December 31, 2022 as compared to Rs.2.73 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹940.4828 crs ₹862.2165 crs Up Tick / Down Tick9.08%
Net Profit ₹43.7656 crs ₹42.6915 crs Up Tick / Down Tick2.52%
EPS ₹2.79 ₹2.73 Up Tick / Down Tick2.20%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3041.3259 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2504.2418 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.146.5025 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.156.5790 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.9.34 for the 9 Months period ended December 31, 2022 as compared to Rs.10.01 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹3041.3259 crs ₹2504.2418 crs Up Tick / Down Tick21.45%
Net Profit ₹146.5025 crs ₹156.5790 crs Up Tick / Down Tick-6.44%
EPS ₹9.34 ₹10.01 Up Tick / Down Tick-6.69%

Source : Equity Bulls

Keywords

SSWL Q3FY23 9MFY23 ResultUpdate SteelStripsWheels