Inducto Steel Ltd reports consolidated Q1FY23 PAT of Rs. 29.04 lakhs

INDUCTO STEEL 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. 30.8176 crores during the period ended June 30, 2022 as compared to Rs. 33.6552 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.2904 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.2252 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.72 for the period ended June 30, 2022 as compared to Rs. 0.56 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 30.8176 crs	₹33.6552 crs	-8.43%
Net Profit	₹0.2904 crs	₹0.2252 crs	28.95%
EPS	₹0.72	₹0.56	28.57%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 30.8176 crores during the period ended June 30, 2022 as compared to Rs.5.9031 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.2904 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.2.0676 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.72 for the period ended June 30, 2022 as compared to Rs.5.15 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 30.8176 crs	₹5.9031 crs	422.06%
Net Profit	₹0.2904 crs	₹2.0676 crs	-85.95%
EPS	₹0.72	₹5.15	-86.02%

Shares of INDUCTO STEEL LTD. was last trading in BSE at Rs. 42.45 as compared to the previous close of Rs. 40.90. The total number of shares traded during the day was 1702 in over 16 trades.

The stock hit an intraday high of Rs. 43.85 and intraday low of 37.10. The net turnover during the day was Rs. 67557.00.

Source : Equity Bulls

Keywords

InductoSteel Q1FY23 ResultUpdate