Stock Report

SRU Steels Ltd Q3 FY23 net profit up at Rs. 10.37 lakhs

Posted On : 2023-02-07 20:41:50( TIMEZONE : IST )

SRU Steels 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. 3.5543 crores during the period ended December 31, 2022 as compared to Rs. 2.5577 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.1037 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.0726 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.13 for the period ended December 31, 2022 as compared to Rs. 0.09 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹3.5543 crs	₹2.5577 crs	38.96%
Net Profit	₹0.1037 crs	₹0.0726 crs	42.84%
EPS	₹0.13	₹0.09	44.44%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3.5543 crores during the period ended December 31, 2022 as compared to Rs.3.1917 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.1037 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.0.0108 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.13 for the period ended December 31, 2022 as compared to Rs.0.01 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹3.5543 crs	₹3.1917 crs	11.36%
Net Profit	₹0.1037 crs	₹0.0108 crs	860.19%
EPS	₹0.13	₹0.01	1,200.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7.6650 crores during the 9 Months period ended December 31, 2022 as compared to Rs.13.2306 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.2102 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.0.1405 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.26 for the 9 Months period ended December 31, 2022 as compared to Rs.0.18 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹7.6650 crs	₹13.2306 crs	-42.07%
Net Profit	₹0.2102 crs	₹0.1405 crs	49.61%
EPS	₹0.26	₹0.18	44.44%

Shares of SRU Steels Ltd was last trading in BSE at Rs. 21.00 as compared to the previous close of Rs. 20.30. The total number of shares traded during the day was 57406 in over 113 trades.

The stock hit an intraday high of Rs. 21.30 and intraday low of 20.80. The net turnover during the day was Rs. 1210087.00.