Ahmedabad Steelcraft Ltd Q1 FY2024 loss at Rs. 15.06 lakhs

AHMEDABAD STEELCRAFT 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. 0.6024 crores during the period ended June 30, 2023 as compared to Rs. 1.0374 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -0.1506 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.1021 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.37 for the period ended June 30, 2023 as compared to Rs. 0.25 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 0.6024 crs	₹1.0374 crs	-41.93%
Net Profit	₹-0.1506 crs	₹0.1021 crs	-247.50%
EPS	₹-0.37	₹0.25	-248.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.6024 crores during the period ended June 30, 2023 as compared to Rs.0.3546 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-0.1506 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.2286 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.37 for the period ended June 30, 2023 as compared to Rs.-0.56 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 0.6024 crs	₹0.3546 crs	69.88%
Net Profit	₹-0.1506 crs	₹-0.2286 crs	34.12%
EPS	₹-0.37	₹-0.56	33.93%

Shares of AHMEDABAD STEELCRAFT LTD. was last trading in BSE at Rs. 21.00 as compared to the previous close of Rs. 20.57. The total number of shares traded during the day was 539 in over 8 trades.

The stock hit an intraday high of Rs. 21.00 and intraday low of 19.60. The net turnover during the day was Rs. 11297.00.

Source : Equity Bulls

Keywords

AhmedabadSteelcraft Q1FY24 ResultUpdate