Kalyani Steels Ltd Q1 FY2023 PAT falls to Rs. 23.63 crores

Kalyani 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. 505.576 crores during the period ended June 30, 2022 as compared to Rs. 458.473 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 23.632 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 68.40 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 5.41 for the period ended June 30, 2022 as compared to Rs. 15.67 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 505.576 crs	₹458.473 crs	10.27%
Net Profit	₹23.632 crs	₹68.40 crs	-65.45%
EPS	₹5.41	₹15.67	-65.48%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 505.576 crores during the period ended June 30, 2022 as compared to Rs.401.547 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.23.632 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.69.945 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.5.41 for the period ended June 30, 2022 as compared to Rs.16.02 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 505.576 crs	₹401.547 crs	25.91%
Net Profit	₹23.632 crs	₹69.945 crs	-66.21%
EPS	₹5.41	₹16.02	-66.23%

Shares of Kalyani Steels Limited was last trading in BSE at Rs. 301.75 as compared to the previous close of Rs. 305.10. The total number of shares traded during the day was 2511 in over 151 trades.

The stock hit an intraday high of Rs. 309.10 and intraday low of 300.15. The net turnover during the day was Rs. 769341.00.

Source : Equity Bulls

Keywords

KalyaniSteels Q1FY23 ResultUpdate