Welcast Steels Q3FY22 profit at Rs. 66.69 lakhs

WELCAST STEELS LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 42.6617 crores during the period ended December 31, 2021 as compared to Rs. 17.1827 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.6669 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.8698 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 10.45 for the period ended December 31, 2021 as compared to Rs. 13.63 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 42.6617 crs	₹17.1827 crs	148.28%
Net Profit	₹0.6669 crs	₹0.8698 crs	-23.33%
EPS	₹10.45	₹13.63	-23.33%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 42.6617 crores during the period ended December 31, 2021 as compared to Rs.19.2727 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.6669 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.2.7495 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.10.45 for the period ended December 31, 2021 as compared to Rs.43.08 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 42.6617 crs	₹19.2727 crs	121.36%
Net Profit	₹0.6669 crs	₹2.7495 crs	-75.74%
EPS	₹10.45	₹43.08	-75.74%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.63.4316 crores during the 9 Months period ended December 31, 2021 as compared to Rs.73.5237 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-0.5930 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.-0.5781 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-9.29 for the 9 Months period ended December 31, 2021 as compared to Rs.-9.06 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹63.4316 crs	₹73.5237 crs	-13.73%
Net Profit	₹-0.5930 crs	₹-0.5781 crs	2.58%
EPS	₹-9.29	₹-9.06	2.54%

Shares of WELCAST STEELS LTD. was last trading in BSE at Rs. 468.25 as compared to the previous close of Rs. 471.00. The total number of shares traded during the day was 71 in over 11 trades.

The stock hit an intraday high of Rs. 490.00 and intraday low of 450.00. The net turnover during the day was Rs. 33142.00.

Source : Equity Bulls

Keywords

WelcastSteels Q3FY22 9MFY22 ResultUpdate