Lloyds Steels Industries Ltd Q3 FY23 net profit higher at Rs. 12.77 crores

Lloyds Steels Industries 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. 59.5023 crores during the period ended December 31, 2022 as compared to Rs. 31.6406 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 12.7763 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.5515 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.12 for the period ended December 31, 2022 as compared to Rs. 0.08 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹59.5023 crs	₹31.6406 crs	88.06%
Net Profit	₹12.7763 crs	₹7.5515 crs	69.19%
EPS	₹0.12	₹0.08	50.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.59.5023 crores during the period ended December 31, 2022 as compared to Rs.20.7923 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.12.7763 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.3.7510 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.12 for the period ended December 31, 2022 as compared to Rs.0.04 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹59.5023 crs	₹20.7923 crs	186.17%
Net Profit	₹12.7763 crs	₹3.7510 crs	240.61%
EPS	₹0.12	₹0.04	200.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.143.3057 crores during the 9 Months period ended December 31, 2022 as compared to Rs.37.4808 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.30.4046 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.4.6951 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.29 for the 9 Months period ended December 31, 2022 as compared to Rs.0.05 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹143.3057 crs	₹37.4808 crs	282.34%
Net Profit	₹30.4046 crs	₹4.6951 crs	547.58%
EPS	₹0.29	₹0.05	480.00%

Shares of Lloyds Steels Industries Limited was last trading in BSE at Rs. 22.60 as compared to the previous close of Rs. 23.20. The total number of shares traded during the day was 2246208 in over 4203 trades.

The stock hit an intraday high of Rs. 23.80 and intraday low of 22.10. The net turnover during the day was Rs. 51927132.00.

Source : Equity Bulls

Keywords

LloydsSteelsIndustries Q3FY23 9MFY23 ResultUpdate