Chennai Ferrous Industries Ltd Q1FY23 PAT slides to Rs. 3.68 crores

Chennai Ferrous 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. 30.6983 crores during the period ended June 30, 2022 as compared to Rs. 54.7121 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 3.6801 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 11.0960 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.21 for the period ended June 30, 2022 as compared to Rs. 30.78 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹30.6983 crs	₹54.7121 crs	-43.89%
Net Profit	₹3.6801 crs	₹11.0960 crs	-66.83%
EPS	₹10.21	₹30.78	-66.83%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.30.6983 crores during the period ended June 30, 2022 as compared to Rs.12.5426 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.3.6801 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.5.8665 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.10.21 for the period ended June 30, 2022 as compared to Rs.16.28 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹30.6983 crs	₹12.5426 crs	144.75%
Net Profit	₹3.6801 crs	₹5.8665 crs	-37.27%
EPS	₹10.21	₹16.28	-37.29%

Shares of Chennai Ferrous Industries Ltd was last trading in BSE at Rs. 211.05 as compared to the previous close of Rs. 201.00. The total number of shares traded during the day was 3701 in over 99 trades.

The stock hit an intraday high of Rs. 211.05 and intraday low of 201.00. The net turnover during the day was Rs. 779849.00.

Source : Equity Bulls

Keywords

ChennaiFerrousIndustries Q1FY23 ResultUpdate