Kalyani Steels Ltd Q3 FY2023 net profit up QoQ at Rs. 39.07 crores

Kalyani Steels Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 462.701 crores during the period ended December 31, 2022 as compared to Rs. 513.10 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 39.076 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 34.619 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 8.96 for the period ended December 31, 2022 as compared to Rs. 7.93 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹462.701 crs	₹513.10 crs	-9.82%
Net Profit	₹39.076 crs	₹34.619 crs	12.87%
EPS	₹8.96	₹7.93	12.99%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.462.701 crores during the period ended December 31, 2022 as compared to Rs.419.029 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.39.076 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.42.781 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.8.96 for the period ended December 31, 2022 as compared to Rs.9.80 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹462.701 crs	₹419.029 crs	10.42%
Net Profit	₹39.076 crs	₹42.781 crs	-8.66%
EPS	₹8.96	₹9.80	-8.57%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1481.377 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1293.913 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.97.327 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.174.516 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.22.30 for the 9 Months period ended December 31, 2022 as compared to Rs.39.98 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1481.377 crs	₹1293.913 crs	14.49%
Net Profit	₹97.327 crs	₹174.516 crs	-44.23%
EPS	₹22.30	₹39.98	-44.22%

Shares of Kalyani Steels Limited was last trading in BSE at Rs. 337.80 as compared to the previous close of Rs. 340.60. The total number of shares traded during the day was 9128 in over 551 trades.

The stock hit an intraday high of Rs. 342.10 and intraday low of 331.15. The net turnover during the day was Rs. 3070238.00.

Source : Equity Bulls

Keywords

KalyaniSteels Q3FY23 9MFY23 ResultUpdate