Stock Report

Bajaj Steel Industries Ltd Q2FY23 consolidated profit higher at Rs. 22 crores



Posted On : 2022-10-19 21:49:32( TIMEZONE : IST )

Bajaj Steel Industries Ltd Q2FY23 consolidated profit higher at Rs. 22 crores

BAJAJ STEEL INDUSTRIES LTD. has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 160.5045 crores during the period ended September 30, 2022 as compared to Rs. 93.8179 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 22.0077 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 7.2399 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 41.95 for the period ended September 30, 2022 as compared to Rs. 14.36 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 160.5045 crs ₹93.8179 crs Up Tick / Down Tick71.08%
Net Profit ₹22.0077 crs ₹7.2399 crs Up Tick / Down Tick203.98%
EPS ₹41.95 ₹14.36 Up Tick / Down Tick192.13%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 160.5045 crores during the period ended September 30, 2022 as compared to Rs.155.9281 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.22.0077 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.16.2703 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.41.95 for the period ended September 30, 2022 as compared to Rs.31.98 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 160.5045 crs ₹155.9281 crs Up Tick / Down Tick2.93%
Net Profit ₹22.0077 crs ₹16.2703 crs Up Tick / Down Tick35.26%
EPS ₹41.95 ₹31.98 Up Tick / Down Tick31.18%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.254.3224 crores during the 6 Months period ended September 30, 2022 as compared to Rs.278.3523 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.29.2476 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.27.6671 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.56.31 for the 6 Months period ended September 30, 2022 as compared to Rs.53.82 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹254.3224 crs ₹278.3523 crs Up Tick / Down Tick-8.63%
Net Profit ₹29.2476 crs ₹27.6671 crs Up Tick / Down Tick5.71%
EPS ₹56.31 ₹53.82 Up Tick / Down Tick4.63%

Shares of BAJAJ STEEL INDUSTRIES LTD. was last trading in BSE at Rs. 563.45 as compared to the previous close of Rs. 566.55. The total number of shares traded during the day was 9708 in over 376 trades.

The stock hit an intraday high of Rs. 578.95 and intraday low of 530.00. The net turnover during the day was Rs. 5356260.00.

Source : Equity Bulls

Keywords

BajajSteelIndustries Q2FY23 H1FY23 ResultUpdate