Stock Report

Scan Steels Q2FY23 loss at Rs. 8.60 crores



Posted On : 2022-11-05 08:34:50( TIMEZONE : IST )

Scan Steels Q2FY23 loss at Rs. 8.60 crores

Scan Steels 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. 210.5515 crores during the period ended September 30, 2022 as compared to Rs. 307.2140 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -8.6057 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 20.5489 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -1.64 for the period ended September 30, 2022 as compared to Rs. 3.93 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹210.5515 crs ₹307.2140 crs Up Tick / Down Tick-31.46%
Net Profit ₹-8.6057 crs ₹20.5489 crs Up Tick / Down Tick-141.88%
EPS ₹-1.64 ₹3.93 Up Tick / Down Tick-141.73%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs.210.5515 crores during the period ended September 30, 2022 as compared to Rs.162.0182 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-8.6057 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.1.9403 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-1.64 for the period ended September 30, 2022 as compared to Rs.0.37 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹210.5515 crs ₹162.0182 crs Up Tick / Down Tick29.96%
Net Profit ₹-8.6057 crs ₹1.9403 crs Up Tick / Down Tick-543.52%
EPS ₹-1.64 ₹0.37 Up Tick / Down Tick-543.24%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.517.7655 crores during the 6 Months period ended September 30, 2022 as compared to Rs.401.1960 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.11.9431 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.23.7363 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.28 for the 6 Months period ended September 30, 2022 as compared to Rs.4.53 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹517.7655 crs ₹401.1960 crs Up Tick / Down Tick29.06%
Net Profit ₹11.9431 crs ₹23.7363 crs Up Tick / Down Tick-49.68%
EPS ₹2.28 ₹4.53 Up Tick / Down Tick-49.67%

Shares of Scan Steels Limited was last trading in BSE at Rs. 36.75 as compared to the previous close of Rs. 36.25. The total number of shares traded during the day was 18556 in over 162 trades.

The stock hit an intraday high of Rs. 39.00 and intraday low of 36.00. The net turnover during the day was Rs. 688984.00.

Source : Equity Bulls

Keywords

ScanSteels Q2FY23 H1FY23 ResultUpdate