Kalyani Steels Ltd Q4FY23 net profit jumps to Rs. 69.7 crores

Kalyani Steels Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 474.381 crores during the period ended March 31, 2023 as compared to Rs. 462.701 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 69.70 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 39.076 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 15.96 for the period ended March 31, 2023 as compared to Rs. 8.96 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹474.381 crs	₹462.701 crs	2.52%
Net Profit	₹69.70 crs	₹39.076 crs	78.37%
EPS	₹15.96	₹8.96	78.13%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.474.381 crores during the period ended March 31, 2023 as compared to Rs.458.473 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.69.70 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.68.40 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.15.96 for the period ended March 31, 2023 as compared to Rs.15.67 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹474.381 crs	₹458.473 crs	3.47%
Net Profit	₹69.70 crs	₹68.40 crs	1.90%
EPS	₹15.96	₹15.67	1.85%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1955.758 crores during the Financial Year ended March 31, 2023 as compared to Rs.1752.386 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.167.027 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.242.915 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.38.26 for the Financial Year ended March 31, 2023 as compared to Rs.55.65 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹1955.758 crs	₹1752.386 crs	11.61%
Net Profit	₹167.027 crs	₹242.915 crs	-31.24%
EPS	₹38.26	₹55.65	-31.25%

Shares of Kalyani Steels Limited was last trading in BSE at Rs. 322.45 as compared to the previous close of Rs. 319.45. The total number of shares traded during the day was 900 in over 79 trades.

The stock hit an intraday high of Rs. 324.00 and intraday low of 319.10. The net turnover during the day was Rs. 290339.00.

Source : Equity Bulls

Keywords

KalyaniSteels Q4FY23 FY2023 ResultUpdate