Tamilnadu Steel Tubes Ltd Q1 FY23 profit at Rs. 1.60 lakhs

TAMILNADU STEEL TUBES 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. 25.4318 crores during the period ended June 30, 2022 as compared to Rs. 20.4183 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.0160 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.0456 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.03 for the period ended June 30, 2022 as compared to Rs. 0.09 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹25.4318 crs	₹20.4183 crs	24.55%
Net Profit	₹0.0160 crs	₹0.0456 crs	-64.91%
EPS	₹0.03	₹0.09	-66.67%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.25.4318 crores during the period ended June 30, 2022 as compared to Rs.10.4834 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.0160 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.9571 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.03 for the period ended June 30, 2022 as compared to Rs.1.87 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹25.4318 crs	₹10.4834 crs	142.59%
Net Profit	₹0.0160 crs	₹0.9571 crs	-98.33%
EPS	₹0.03	₹1.87	-98.40%

Shares of TAMILNADU STEEL TUBES LTD. was last trading in BSE at Rs. 8.61 as compared to the previous close of Rs. 8.20. The total number of shares traded during the day was 200 in over 2 trades.

The stock hit an intraday high of Rs. 8.61 and intraday low of 8.61. The net turnover during the day was Rs. 1722.00.

Source : Equity Bulls

Keywords

TamilnaduSteelTubes Q1FY23 ResultUpdate