Inducto Steel Ltd Q1FY22 consolidated net profit at Rs. 2.06 crore

Inducto Steel 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.5.90 crores during the period ended June 30, 2021 as compared to Rs.0.0075 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.2.06 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(1.56) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.5.15 for the period ended June 30, 2021 as compared to Rs.(3.90) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 5.90 crs	₹ 0.0075 crs	78566.67%
Net Profit	₹ 2.06 crs	₹ (1.56) crs	232.05%
EPS	₹ 5.15	₹ (3.90)	232.05%

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

The company has reported total income of Rs.5.90 crores during the period ended June 30, 2021 as compared to Rs.0.1553 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.2.06 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(0.0375) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.5.15 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	₹ 5.90 crs	₹ 0.1553 crs	3699.1%
Net Profit	₹ 2.06 crs	₹ (0.0375) crs	5593.33%
EPS	₹ 5.15	₹ (0.09)	5822.22%

Shares of Inducto Steel Ltd. was last trading in BSE at Rs. 18.15 as compared to the previous close of Rs. 17.3. The total number of shares traded during the day was 200 in over 1 trades.

The stock hit an intraday high of Rs. 18.15 and intraday low of 18.15. The net turnover during the day was Rs. 3630.

Source : Equity Bulls

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