Prabhu Steel Industries Ltd Q1FY24 net profit at Rs. 7.25 lakhs

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. 4.4013 crores during the period ended June 30, 2023 as compared to Rs. 5.6271 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0725 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5092 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.01 for the period ended June 30, 2023 as compared to Rs. 7.10 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 4.4013 crs	₹5.6271 crs	-21.78%
Net Profit	₹ 0.0725 crs	₹0.5092 crs	-85.76%
EPS	₹1.01	₹7.10	-85.77%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.4013 crores during the period ended June 30, 2023 as compared to Rs.4.3669 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.0725 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.2684 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.01 for the period ended June 30, 2023 as compared to Rs.-3.74 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 4.4013 crs	₹4.3669 crs	0.79%
Net Profit	₹ 0.0725 crs	₹-0.2684 crs	127.01%
EPS	₹1.01	₹-3.74	127.01%

Source : Equity Bulls

Keywords

PrabhuSteelIndustries Q1FY24 ResultUpdate