Welcast Steels Ltd posts PAT of Rs. 86.98 lakhs in Q2FY22

WELCAST STEELS LTD. has reported Standalone financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 17.1827 crores during the period ended September 30, 2021 as compared to Rs. 3.5872 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 0.8698 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. -2.1297 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 13.63 for the period ended September 30, 2021 as compared to Rs. -33.37 for the period ended June 30, 2021.

Financials	Q2 FY2022	Q1 FY2022	% Change
Total Income	₹ 17.1827 crs	₹3.5872 crs	379.00%
Net Profit	₹ 0.8698 crs	₹-2.1297 crs	140.84%
EPS	₹13.63	₹-33.37	140.85%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs. 17.1827 crores during the period ended September 30, 2021 as compared to Rs.30.4212 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs. 0.8698 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.-2.4611 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.13.63 for the period ended September 30, 2021 as compared to Rs.-38.56 for the period ended September 30, 2020.

Financials	Q2 FY2022	Q2 FY2021	% Change
Total Income	₹ 17.1827 crs	₹30.4212 crs	-43.52%
Net Profit	₹ 0.8698 crs	₹-2.4611 crs	135.34%
EPS	₹13.63	₹-38.56	135.35%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.20.7699 crores during the 6 Months period ended September 30, 2021 as compared to Rs.54.2510 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.-1.2599 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.-3.3276 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.-19.74 for the 6 Months period ended September 30, 2021 as compared to Rs.-52.14 for the 6 Months period ended September 30, 2020.

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹20.7699 crs	₹54.2510 crs	-61.72%
Net Profit	₹-1.2599 crs	₹-3.3276 crs	62.14%
EPS	₹-19.74	₹-52.14	62.14%

Shares of WELCAST STEELS LTD. was last trading in BSE at Rs. 320.00 as compared to the previous close of Rs. 325.30. The total number of shares traded during the day was 22 in over 6 trades.

The stock hit an intraday high of Rs. 340.00 and intraday low of 320.00. The net turnover during the day was Rs. 7075.00.

Source : Equity Bulls

Keywords

WelcastSteels Q2FY22 H1FY22 ResultUpdate