Stock Report

Chennai Ferrous Industries Ltd posts Rs. 37.18 lakhs profit in Q2 FY2023



Posted On : 2022-11-09 21:19:55( TIMEZONE : IST )

Chennai Ferrous Industries Ltd posts Rs. 37.18 lakhs profit in Q2 FY2023

Chennai Ferrous Industries Ltd 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. 36.9481 crores during the period ended September 30, 2022 as compared to Rs. 30.6983 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 0.3718 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 3.6801 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.03 for the period ended September 30, 2022 as compared to Rs. 10.21 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 36.9481 crs ₹30.6983 crs Up Tick / Down Tick20.36%
Net Profit ₹0.3718 crs ₹3.6801 crs Up Tick / Down Tick-89.90%
EPS ₹1.03 ₹10.21 Up Tick / Down Tick-89.91%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 36.9481 crores during the period ended September 30, 2022 as compared to Rs.0.60 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.0.3718 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.1981 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.03 for the period ended September 30, 2022 as compared to Rs.0.55 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 36.9481 crs ₹0.60 crs Up Tick / Down Tick6,058.02%
Net Profit ₹0.3718 crs ₹0.1981 crs Up Tick / Down Tick87.68%
EPS ₹1.03 ₹0.55 Up Tick / Down Tick87.27%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.67.6464 crores during the 6 Months period ended September 30, 2022 as compared to Rs.13.1426 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.4.0519 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.6.0646 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.11.24 for the 6 Months period ended September 30, 2022 as compared to Rs.16.83 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹67.6464 crs ₹13.1426 crs Up Tick / Down Tick414.71%
Net Profit ₹4.0519 crs ₹6.0646 crs Up Tick / Down Tick-33.19%
EPS ₹11.24 ₹16.83 Up Tick / Down Tick-33.21%

Shares of Chennai Ferrous Industries Ltd was last trading in BSE at Rs. 170.10 as compared to the previous close of Rs. 183.20. The total number of shares traded during the day was 11464 in over 254 trades.

The stock hit an intraday high of Rs. 186.00 and intraday low of 165.05. The net turnover during the day was Rs. 2019728.00.

Source : Equity Bulls

Keywords

ChennaiFerrousIndustries Q2FY23 H1FY23 ResultUpdate