Stock Report

Ahmedabad Steelcraft Ltd Q2 FY24 loss widens to Rs. 76.59 lakhs



Posted On : 2023-10-31 22:26:37( TIMEZONE : IST )

Ahmedabad Steelcraft Ltd Q2 FY24 loss widens to Rs. 76.59 lakhs

has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.4085 crores during the period ended September 30, 2023 as compared to Rs. 0.6024 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -0.7659 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -0.1506 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -1.87 for the period ended September 30, 2023 as compared to Rs. -0.37 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 0.4085 crs ₹0.6024 crs Up Tick / Down Tick-32.19%
Net Profit ₹-0.7659 crs ₹-0.1506 crs Up Tick / Down Tick408.57%
EPS ₹-1.87 ₹-0.37 Up Tick / Down Tick405.41%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.4085 crores during the period ended September 30, 2023 as compared to Rs.0.7140 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.7659 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-0.3386 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-1.87 for the period ended September 30, 2023 as compared to Rs.-0.83 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 0.4085 crs ₹0.7140 crs Up Tick / Down Tick-42.79%
Net Profit ₹-0.7659 crs ₹-0.3386 crs Up Tick / Down Tick126.20%
EPS ₹-1.87 ₹-0.83 Up Tick / Down Tick125.30%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1.0109 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1.0686 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-0.9165 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.5672 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-2.24 for the 6 Months period ended September 30, 2023 as compared to Rs.-1.39 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1.0109 crs ₹1.0686 crs Up Tick / Down Tick-5.40%
Net Profit ₹-0.9165 crs ₹-0.5672 crs Up Tick / Down Tick61.58%
EPS ₹-2.24 ₹-1.39 Up Tick / Down Tick61.15%

Source : Equity Bulls

Keywords

AhmedabadSteelcraft Q2FY24 H1FY24 ResultUpdate