Stock Report

Steel Strips Wheels Ltd Q2FY23 PAT jumps QoQ to Rs. 54.60 crores



Posted On : 2022-10-20 17:45:46( TIMEZONE : IST )

Steel Strips Wheels Ltd Q2FY23 PAT jumps QoQ to Rs. 54.60 crores

Steel Strips Wheels Limited has reported Standalone financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1084.7291 crores during the period ended September 30, 2022 as compared to Rs. 1016.1140 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 54.6074 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 48.1295 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 17.44 for the period ended September 30, 2022 as compared to Rs. 15.41 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 1084.7291 crs ₹1016.1140 crs Up Tick / Down Tick6.75%
Net Profit ₹54.6074 crs ₹48.1295 crs Up Tick / Down Tick13.46%
EPS ₹17.44 ₹15.41 Up Tick / Down Tick13.17%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 1084.7291 crores during the period ended September 30, 2022 as compared to Rs.961.6256 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.54.6074 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.62.8027 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.17.44 for the period ended September 30, 2022 as compared to Rs.20.07 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 1084.7291 crs ₹961.6256 crs Up Tick / Down Tick12.80%
Net Profit ₹54.6074 crs ₹62.8027 crs Up Tick / Down Tick-13.05%
EPS ₹17.44 ₹20.07 Up Tick / Down Tick-13.10%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2100.8431 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1642.0253 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.102.7369 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.113.8875 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.32.85 for the 6 Months period ended September 30, 2022 as compared to Rs.36.40 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹2100.8431 crs ₹1642.0253 crs Up Tick / Down Tick27.94%
Net Profit ₹102.7369 crs ₹113.8875 crs Up Tick / Down Tick-9.79%
EPS ₹32.85 ₹36.40 Up Tick / Down Tick-9.75%

Shares of Steel Strips Wheels Limited was last trading in BSE at Rs. 763.20 as compared to the previous close of Rs. 783.20. The total number of shares traded during the day was 13796 in over 1392 trades.

The stock hit an intraday high of Rs. 794.20 and intraday low of 731.90. The net turnover during the day was Rs. 10480582.00.

Source : Equity Bulls

Keywords

SSWL Q2FY23 H1FY23 ResultUpdate SteelStripsWheels