Steelcast Ltd Q1 FY2024 net profit higher at Rs. 20.27 crores

STEELCAST LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 119.7783 crores during the period ended June 30, 2023 as compared to Rs. 120.4214 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 20.2763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 19.5447 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.02 for the period ended June 30, 2023 as compared to Rs. 9.66 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 119.7783 crs	₹120.4214 crs	-0.53%
Net Profit	₹20.2763 crs	₹19.5447 crs	3.74%
EPS	₹10.02	₹9.66	3.73%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 119.7783 crores during the period ended June 30, 2023 as compared to Rs.115.9238 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.20.2763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.14.1377 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.02 for the period ended June 30, 2023 as compared to Rs.6.99 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 119.7783 crs	₹115.9238 crs	3.33%
Net Profit	₹20.2763 crs	₹14.1377 crs	43.42%
EPS	₹10.02	₹6.99	43.35%

Shares of STEELCAST LTD. was last trading in BSE at Rs. 504.35 as compared to the previous close of Rs. 509.65. The total number of shares traded during the day was 5929 in over 739 trades.

The stock hit an intraday high of Rs. 519.00 and intraday low of 500.00. The net turnover during the day was Rs. 3027478.00.

Source : Equity Bulls

Keywords

Steelcast Q1FY24 ResultUpdate