Ahmedabad Steelcraft Ltd Q3 FY2023 loss at Rs. 19.24 lakhs

AHMEDABAD STEELCRAFT LTD. 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. 0.8914 crores during the period ended December 31, 2022 as compared to Rs. 0.7140 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.1924 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.3386 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.47 for the period ended December 31, 2022 as compared to Rs. -0.83 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹0.8914 crs	₹0.7140 crs	24.85%
Net Profit	₹-0.1924 crs	₹-0.3386 crs	43.18%
EPS	₹-0.47	₹-0.83	43.37%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.0.8914 crores during the period ended December 31, 2022 as compared to Rs.0.4802 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.1924 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-0.1873 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.47 for the period ended December 31, 2022 as compared to Rs.-0.46 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹0.8914 crs	₹0.4802 crs	85.63%
Net Profit	₹-0.1924 crs	₹-0.1873 crs	2.72%
EPS	₹-0.47	₹-0.46	2.17%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1.96 crores during the 9 Months period ended December 31, 2022 as compared to Rs.0.7514 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.7595 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-0.6930 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.-1.86 for the 9 Months period ended December 31, 2022 as compared to Rs.-1.69 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1.96 crs	₹0.7514 crs	160.85%
Net Profit	₹-0.7595 crs	₹-0.6930 crs	9.60%
EPS	₹-1.86	₹-1.69	10.06%

Shares of AHMEDABAD STEELCRAFT LTD. was last trading in BSE at Rs. 19.25 as compared to the previous close of Rs. 19.85. The total number of shares traded during the day was 153 in over 4 trades.

The stock hit an intraday high of Rs. 20.75 and intraday low of 19.25. The net turnover during the day was Rs. 3098.00.

Source : Equity Bulls

Keywords

AhmedabadSteelcraft Q3FY23 9MFY23 ResultUpdate