Welcast Steels Ltd Q1FY23 PAT jumps to Rs. 4.01 crores

WELCAST STEELS 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. 43.4641 crores during the period ended June 30, 2022 as compared to Rs. 23.2605 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.0170 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.1016 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 62.94 for the period ended June 30, 2022 as compared to Rs. 1.59 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 43.4641 crs	₹23.2605 crs	86.86%
Net Profit	₹4.0170 crs	₹0.1016 crs	3,853.74%
EPS	₹62.94	₹1.59	3,858.49%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 43.4641 crores during the period ended June 30, 2022 as compared to Rs.3.5872 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.0170 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-2.1297 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.62.94 for the period ended June 30, 2022 as compared to Rs.-33.37 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 43.4641 crs	₹3.5872 crs	1,111.64%
Net Profit	₹4.0170 crs	₹-2.1297 crs	288.62%
EPS	₹62.94	₹-33.37	288.61%

Shares of WELCAST STEELS LTD. was last trading in BSE at Rs. 375.05 as compared to the previous close of Rs. 384.50. The total number of shares traded during the day was 52 in over 9 trades.

The stock hit an intraday high of Rs. 375.10 and intraday low of 375.00. The net turnover during the day was Rs. 19504.00.

Source : Equity Bulls

Keywords

WelcastSteels Q1FY23 ResultUpdate