JSW Ispat Special Products Ltd Q1FY23 consolidated loss widens to Rs. 92.37 crores

JSW Ispat Special Products Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1679.19 crores during the period ended June 30, 2022 as compared to Rs. 1696.80 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -92.37 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 3.29 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -1.97 for the period ended June 30, 2022 as compared to Rs. 0.03 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1679.19 crs	₹1696.80 crs	-1.04%
Net Profit	₹ -92.37 crs	₹3.29 crs	-2,907.60%
EPS	₹-1.97	₹0.03	-6,666.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1679.19 crores during the period ended June 30, 2022 as compared to Rs.1468.72 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. -92.37 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.63.32 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-1.97 for the period ended June 30, 2022 as compared to Rs.0.64 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1679.19 crs	₹1468.72 crs	14.33%
Net Profit	₹ -92.37 crs	₹63.32 crs	-245.88%
EPS	₹-1.97	₹0.64	-407.81%

Shares of JSW Ispat Special Products Limited was last trading in BSE at Rs. 25.25 as compared to the previous close of Rs. 25.20. The total number of shares traded during the day was 127902 in over 892 trades.

The stock hit an intraday high of Rs. 25.85 and intraday low of 25.10. The net turnover during the day was Rs. 3247217.00.

Source : Equity Bulls

Keywords

JSWIspatSpecialProducts Q1FY23 ResultUpdate