Stock Report

Steelcast Ltd Q3 FY2023-24 net profit declines to Rs. 17.42 crores



Posted On : 2024-02-01 00:18:44( TIMEZONE : IST )

Steelcast Ltd Q3 FY2023-24 net profit declines to Rs. 17.42 crores

STEELCAST LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 90.8186 crores during the period ended December 31, 2023 as compared to Rs. 102.1834 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 17.4233 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 18.5946 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 8.61 for the period ended December 31, 2023 as compared to Rs. 9.19 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 90.8186 crs ₹102.1834 crs Up Tick / Down Tick-11.12%
Net Profit ₹17.4233 crs ₹18.5946 crs Up Tick / Down Tick-6.30%
EPS ₹8.61 ₹9.19 Up Tick / Down Tick-6.31%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 90.8186 crores during the period ended December 31, 2023 as compared to Rs.119.7960 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.17.4233 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.19.2813 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.8.61 for the period ended December 31, 2023 as compared to Rs.9.53 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 90.8186 crs ₹119.7960 crs Up Tick / Down Tick-24.19%
Net Profit ₹17.4233 crs ₹19.2813 crs Up Tick / Down Tick-9.64%
EPS ₹8.61 ₹9.53 Up Tick / Down Tick-9.65%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.312.7804 crores during the 9 Months period ended December 31, 2023 as compared to Rs.357.5160 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.56.2942 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.50.9799 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.27.81 for the 9 Months period ended December 31, 2023 as compared to Rs.25.19 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹312.7804 crs ₹357.5160 crs Up Tick / Down Tick-12.51%
Net Profit ₹56.2942 crs ₹50.9799 crs Up Tick / Down Tick10.42%
EPS ₹27.81 ₹25.19 Up Tick / Down Tick10.40%

Shares of STEELCAST LTD. was last trading in BSE at Rs. 706.30 as compared to the previous close of Rs. 707.50. The total number of shares traded during the day was 1070 in over 164 trades.

The stock hit an intraday high of Rs. 720.05 and intraday low of 701.00. The net turnover during the day was Rs. 757641.00.

Source : Equity Bulls

Keywords

Steelcast Q3FY24 9MFY24 ResultUpdate