Visa Steel Ltd reports Rs. 172.74 crores consolidated PAT in Q3FY23

Visa Steel Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 16.0495 crores during the period ended December 31, 2022 as compared to Rs. 19.3318 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 172.7415 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -2.1388 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 149.19 for the period ended December 31, 2022 as compared to Rs. -1.85 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹16.0495 crs	₹19.3318 crs	-16.98%
Net Profit	₹172.7415 crs	₹-2.1388 crs	8,176.56%
EPS	₹149.19	₹-1.85	8,164.32%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.16.0495 crores during the period ended December 31, 2022 as compared to Rs.26.6165 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.172.7415 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-1.7667 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.149.19 for the period ended December 31, 2022 as compared to Rs.-1.53 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹16.0495 crs	₹26.6165 crs	-39.70%
Net Profit	₹172.7415 crs	₹-1.7667 crs	9,877.64%
EPS	₹149.19	₹-1.53	9,850.98%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.55.1028 crores during the 9 Months period ended December 31, 2022 as compared to Rs.80.8953 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.168.0611 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-7.7870 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.145.14 for the 9 Months period ended December 31, 2022 as compared to Rs.-6.73 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹55.1028 crs	₹80.8953 crs	-31.88%
Net Profit	₹168.0611 crs	₹-7.7870 crs	2,258.23%
EPS	₹145.14	₹-6.73	2,256.61%

Shares of Visa Steel Limited was last trading in BSE at Rs. 14.40 as compared to the previous close of Rs. 14.05. The total number of shares traded during the day was 1971 in over 13 trades.

The stock hit an intraday high of Rs. 14.40 and intraday low of 13.56. The net turnover during the day was Rs. 27564.00.

Source : Equity Bulls

Keywords

VisaSteel Q3FY23 9MFY23 ResultUpdate