SRU Steels Ltd posts net profit of Rs. 7.77 lakh in Q2FY22

The Board of Directors of , at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2019.

For the quarter ended September 30, 2019(Q2 FY2020), the company's total income was ₹ 8.0277 crore, against ₹9.6359 crore in the corresponding quarter of the previous year (YoY) and ₹2.0112 crore in previous quarter (QoQ).

For the quarter ended September 30, 2019(Q2 FY2020), the company's net profit / (loss) was ₹0.0777 crore, against ₹0.0472 crore in the corresponding quarter of the previous year (YoY) and ₹0.0520 crore in previous quarter (QoQ).

For the quarter ended September 30, 2019(Q2 FY2020), the company's Earnings Per Share (EPS) was ₹0.10, against ₹0.06 in the corresponding quarter of the previous year (YoY) and ₹0.07 in previous quarter (QoQ).

Financials	Q2 FY2020	Q1 FY2020	QoQ % Change	Q2 FY2019	YoY % Change
Total Income	₹ 8.0277 crs	₹2.0112 crs	299.15%	₹9.6359 crs	-16.69%
Net Profit	₹0.0777 crs	₹0.0520 crs	49.42%	₹0.0472 crs	64.62 %
EPS	₹0.10	₹0.07	42.86%	₹0.06	66.67%

For the 6 Months period ended September 30, 2019(Half Year Ended FY 2020), the company's total income was ₹10.0389 crore, against ₹12.4368 crore in the previous year (YoY) (Half Year Ended FY 2019).

The net profit / (loss) was at ₹0.1297 crore for the 6 Months period ended September 30, 2019 (Half Year Ended FY 2020), compared to ₹0.0951 crore in the previous year (YoY) (Half Year Ended FY 2019).

The Earnings Per Share stood at ₹0.16 for the 6 Months period ended September 30, 2019 (Half Year Ended FY 2020), against ₹0.12 in the previous year (YoY) (Half Year Ended FY 2019).

Financials	Half Year Ended FY2020	Half Year Ended FY2019	% Change
Total Income	₹10.0389 crs	₹12.4368 crs	-19.28%
Net Profit	₹0.1297 crs	₹0.0951 crs	36.38%
EPS	₹0.16	₹0.12	33.33%

Source : Equity Bulls

Keywords

SRUSteels Q2FY22 H1FY22 ResultUpdate