India Steel Works Ltd Q1FY23 consolidated loss at Rs. 8.43 crores

INDIA STEEL WORKS LTD. 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. 1.7990 crores during the period ended June 30, 2022 as compared to Rs. 6.7904 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. -8.4306 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. -35.0998 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. -0.21 for the period ended June 30, 2022 as compared to Rs. -0.88 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1.7990 crs	₹6.7904 crs	-73.51%
Net Profit	₹-8.4306 crs	₹-35.0998 crs	75.98%
EPS	₹-0.21	₹-0.88	76.14%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1.7990 crores during the period ended June 30, 2022 as compared to Rs.5.6395 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.-8.4306 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-4.6168 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.-0.21 for the period ended June 30, 2022 as compared to Rs.-0.12 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1.7990 crs	₹5.6395 crs	-68.10%
Net Profit	₹-8.4306 crs	₹-4.6168 crs	82.61%
EPS	₹-0.21	₹-0.12	75.00%

Shares of INDIA STEEL WORKS LTD. was last trading in BSE at Rs. 2.66 as compared to the previous close of Rs. 2.63. The total number of shares traded during the day was 116115 in over 335 trades.

The stock hit an intraday high of Rs. 2.69 and intraday low of 2.60. The net turnover during the day was Rs. 308334.00.

Source : Equity Bulls

Keywords

IndiaSteelWorks Q1FY23 ResultUpdate