Stock Report

Rama Steel Tubes Ltd Q1FY23 consolidated net profit lower at Rs. 4.23 crores

Posted On : 2022-08-12 21:37:24( TIMEZONE : IST )

Rama Steel Tubes 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. 243.6225 crores during the period ended June 30, 2022 as compared to Rs. 250.9734 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 4.2342 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 7.4005 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 2.89 for the period ended June 30, 2022 as compared to Rs. 4.42 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 243.6225 crs	₹250.9734 crs	-2.93%
Net Profit	₹4.2342 crs	₹7.4005 crs	-42.78%
EPS	₹2.89	₹4.42	-34.62%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 243.6225 crores during the period ended June 30, 2022 as compared to Rs.142.5783 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.4.2342 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.7.0999 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.2.89 for the period ended June 30, 2022 as compared to Rs.4.18 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 243.6225 crs	₹142.5783 crs	70.87%
Net Profit	₹4.2342 crs	₹7.0999 crs	-40.36%
EPS	₹2.89	₹4.18	-30.86%

Shares of Rama Steel Tubes Limited was last trading in BSE at Rs. 502.75 as compared to the previous close of Rs. 480.25. The total number of shares traded during the day was 55380 in over 1695 trades.

The stock hit an intraday high of Rs. 504.25 and intraday low of 473.60. The net turnover during the day was Rs. 27471619.00.