Stock Report

Bajaj Steel Industries Ltd consolidated Q1 FY2023-24 net profit at Rs. 9.60 crore

Posted On : 2023-08-09 18:13:05( TIMEZONE : IST )

BAJAJ STEEL INDUSTRIES LTD. has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 99.3649 crores during the period ended June 30, 2023 as compared to Rs. 131.5261 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 9.6032 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 16.82 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 18.47 for the period ended June 30, 2023 as compared to Rs. 32.35 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 99.3649 crs	₹131.5261 crs	-24.45%
Net Profit	₹9.6032 crs	₹16.82 crs	-42.91%
EPS	₹18.47	₹32.35	-42.91%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 99.3649 crores during the period ended June 30, 2023 as compared to Rs.93.8179 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.9.6032 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.7.4649 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.18.47 for the period ended June 30, 2023 as compared to Rs.14.36 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 99.3649 crs	₹93.8179 crs	5.91%
Net Profit	₹9.6032 crs	₹7.4649 crs	28.64%
EPS	₹18.47	₹14.36	28.62%

Shares of BAJAJ STEEL INDUSTRIES LTD. was last trading in BSE at Rs. 1006.60 as compared to the previous close of Rs. 1100.50. The total number of shares traded during the day was 40365 in over 2029 trades.

The stock hit an intraday high of Rs. 1128.00 and intraday low of 969.80. The net turnover during the day was Rs. 42106703.00.