Vardhman Special Steels Ltd Q1FY23 net profit up at Rs. 30.29 crores

Vardhman Special Steels Limited 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. 475.0751 crores during the period ended June 30, 2022 as compared to Rs. 364.8624 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 30.2960 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 29.1929 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 7.42 for the period ended June 30, 2022 as compared to Rs. 7.15 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 475.0751 crs	₹364.8624 crs	30.21%
Net Profit	₹30.2960 crs	₹29.1929 crs	3.78%
EPS	₹7.42	₹7.15	3.78%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 475.0751 crores during the period ended June 30, 2022 as compared to Rs.332.7797 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.30.2960 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.27.7973 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.7.42 for the period ended June 30, 2022 as compared to Rs.6.82 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 475.0751 crs	₹332.7797 crs	42.76%
Net Profit	₹30.2960 crs	₹27.7973 crs	8.99%
EPS	₹7.42	₹6.82	8.80%

Shares of Vardhman Special Steels Limited was last trading in BSE at Rs. 230.75 as compared to the previous close of Rs. 226.35. The total number of shares traded during the day was 3215 in over 131 trades.

The stock hit an intraday high of Rs. 232.00 and intraday low of 226.95. The net turnover during the day was Rs. 739952.00.

Source : Equity Bulls

Keywords

VardhmanSpecialSteels Q1FY23 ResultUpdate VSSL