Ahmedabad Steelcraft Ltd Q1FY22 loss at Rs. 23.61 lakhs

Ahmedabad Steelcraft 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.0.1282 crores during the period ended June 30, 2021 as compared to Rs.0.7203 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.(0.2361) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.1351 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.(0.58) for the period ended June 30, 2021 as compared to Rs.0.33 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.1282 crs	₹ 0.7203 crs	-82.2%
Net Profit	₹ (0.2361) crs	₹ 0.1351 crs	-274.76%
EPS	₹ (0.58)	₹ 0.33	-275.76%

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

The company has reported total income of Rs.0.1282 crores during the period ended June 30, 2021 as compared to Rs.2.09 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.(0.2361) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0355) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.(0.58) for the period ended June 30, 2021 as compared to Rs.(0.09) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.1282 crs	₹ 2.09 crs	-93.87%
Net Profit	₹ (0.2361) crs	₹ (0.0355) crs	565.07%
EPS	₹ (0.58)	₹ (0.09)	544.44%

Shares of Ahmedabad Steelcraft Ltd. was last trading in BSE at Rs. 20.4 as compared to the previous close of Rs. 19.5. The total number of shares traded during the day was 3114 in over 21 trades.

The stock hit an intraday high of Rs. 20.4 and intraday low of 18.55. The net turnover during the day was Rs. 57997.

Source : Equity Bulls

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