SRU Steels Ltd Q1FY22 net profit slips QoQ to Rs. 5.20 lakhs

SRU Steels Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY2021-22) - QoQ Comparison

The company has reported total income of Rs.2.01 crores during the period ended June 30, 2021 as compared to Rs.5.19 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.0.0520 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0865 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.0.07 for the period ended June 30, 2021 as compared to Rs.0.11 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY2020-21	% Change
Total Income	₹ 2.01 crs	₹ 5.19 crs	-61.27%
Net Profit	₹ 0.0520 crs	₹ 0.0865 crs	-39.88%
EPS	₹ 0.07	₹ 0.11	-36.36%

Financial Results (Q1 FY2021-22) - YoY Comparison

The company has reported total income of Rs.2.01 crores during the period ended June 30, 2021 as compared to Rs.2.80 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.0520 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.0479 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.07 for the period ended June 30, 2021 as compared to Rs.0.06 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 2.01 crs	₹ 2.80 crs	-28.21%
Net Profit	₹ 0.0520 crs	₹ 0.0479 crs	8.56%
EPS	₹ 0.07	₹ 0.06	16.67%

Source : Equity Bulls

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