Tamilnadu Steel Tubes Ltd reports Q1FY22 PAT of Rs. 95.71 lakhs

Tamilnadu Steel Tubes Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.10.48 crores during the period ended June 30, 2021 as compared to Rs.15.16 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.9571 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(1.24) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.87 for the period ended June 30, 2021 as compared to Rs.(2.44) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 10.48 crs	₹ 15.16 crs	-30.87%
Net Profit	₹ 0.9571 crs	₹ (1.24) crs	177.19%
EPS	₹ 1.87	₹ (2.44)	176.64%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.10.48 crores during the period ended June 30, 2021 as compared to Rs.8.26 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.9571 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1152 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.87 for the period ended June 30, 2021 as compared to Rs.0.22 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 10.48 crs	₹ 8.26 crs	26.88%
Net Profit	₹ 0.9571 crs	₹ 0.1152 crs	730.82%
EPS	₹ 1.87	₹ 0.22	750%

Shares of Tamilnadu Steel Tubes Ltd. was last trading in BSE at Rs. 13.4 as compared to the previous close of Rs. 13.4. The total number of shares traded during the day was 400 in over 3 trades.

The stock hit an intraday high of Rs. 13.4 and intraday low of 12.73. The net turnover during the day was Rs. 5159.

Source : Equity Bulls

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