Stock Report

Kanishk Steel Industries Ltd Q3FY23 loss at Rs. 48.41 lakhs



Posted On : 2023-02-06 23:14:58( TIMEZONE : IST )

Kanishk Steel Industries Ltd Q3FY23 loss at Rs. 48.41 lakhs

KANISHK STEEL INDUSTRIES LTD. 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. 101.3294 crores during the period ended December 31, 2022 as compared to Rs. 115.5712 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. -0.4841 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 11.0954 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. -0.17 for the period ended December 31, 2022 as compared to Rs. 3.90 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹101.3294 crs ₹115.5712 crs Up Tick / Down Tick-12.32%
Net Profit ₹-0.4841 crs ₹11.0954 crs Up Tick / Down Tick-104.36%
EPS ₹-0.17 ₹3.90 Up Tick / Down Tick-104.36%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.101.3294 crores during the period ended December 31, 2022 as compared to Rs.82.2526 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.-0.4841 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.6.9716 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.-0.17 for the period ended December 31, 2022 as compared to Rs.2.45 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹101.3294 crs ₹82.2526 crs Up Tick / Down Tick23.19%
Net Profit ₹-0.4841 crs ₹6.9716 crs Up Tick / Down Tick-106.94%
EPS ₹-0.17 ₹2.45 Up Tick / Down Tick-106.94%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.307.7698 crores during the 9 Months period ended December 31, 2022 as compared to Rs.231.1820 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.10.9558 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.18.9736 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.3.853 for the 9 Months period ended December 31, 2022 as compared to Rs.6.67 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹307.7698 crs ₹231.1820 crs Up Tick / Down Tick33.13%
Net Profit ₹10.9558 crs ₹18.9736 crs Up Tick / Down Tick-42.26%
EPS ₹3.853 ₹6.67 Up Tick / Down Tick-42.23%

Shares of KANISHK STEEL INDUSTRIES LTD. was last trading in BSE at Rs. 38.70 as compared to the previous close of Rs. 37.75. The total number of shares traded during the day was 11766 in over 81 trades.

The stock hit an intraday high of Rs. 41.50 and intraday low of 37.05. The net turnover during the day was Rs. 452722.00.

Source : Equity Bulls

Keywords

KanishkSteelIndustries Q3FY23 9MFY23 ResultUpdate