Ashirwad Steels and Industries Ltd Q1 FY23 profit at Rs. 74.38 lakhs

ASHIRWAD STEELS & INDUSTRIES LTD. has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1.2076 crores during the period ended June 30, 2022 as compared to Rs. 1.2191 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.7438 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 4.6084 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.60 for the period ended June 30, 2022 as compared to Rs. 3.69 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.2076 crs	₹1.2191 crs	-0.94%
Net Profit	₹0.7438 crs	₹4.6084 crs	-83.86%
EPS	₹0.60	₹3.69	-83.74%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.2076 crores during the period ended June 30, 2022 as compared to Rs.0.9204 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.7438 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.0018 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.60 for the period ended June 30, 2022 as compared to Rs.0.001 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.2076 crs	₹0.9204 crs	31.20%
Net Profit	₹0.7438 crs	₹0.0018 crs	41,222.22%
EPS	₹0.60	₹0.001	59,900.00%

Shares of ASHIRWAD STEELS & INDUSTRIES LTD. was last trading in BSE at Rs. 16.00 as compared to the previous close of Rs. 16.25. The total number of shares traded during the day was 2209 in over 32 trades.

The stock hit an intraday high of Rs. 16.75 and intraday low of 15.50. The net turnover during the day was Rs. 35483.00.

Source : Equity Bulls

Keywords

AshirwadSteelsandIndustries Q1FY23 ResultUpdate